8 Oxford Street, Brighton, BN1 4LA
- PROPERTY TYPE
Mixed Use
- BEDROOMS
2
- SIZE
Ask agent
Description
**For Sale By Auction on Thursday 23 November 2023**
*Guide Price £260,000
Freehold Mixed Investment In Central Brighton Producing £18,500 Per Annum
Description
The building forms part of a terrace on the north side of Oxford Street. This three storey building comprises a ground floor commercial unit - currently used as a coffee shop, with seating area and wc to the rear. Over the first and second floor is a 2 bedroom maisonette, with own street entrance, bathroom and open plan living room.
Situation
Oxford Street is situated just off London Road in central Brighton. The area is populated by many well established independent and commercial traders. Brighton Mainline Railway Station is just half a mile from the property (London Victoria 72 minutes).
Accommodation
Commercial Unit
Total Floor Area - 49 sq.m
8A - Maisonette
Total Floor Area - 57 sq.m.
NB WE DRAW YOUR ATTENTION TO THE BUYERS PREMIUM OF £1,200 INC VAT.
WE RECOMMEND INTERESTED PARTIES DOWNLOAD THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY
Tenure - Freehold
Tenancy
The entire building was let on a 5 year lease - from the 13th October 2017 to 13th October 2022 (now expired). Supplemental to the original lease, a further term has been granted for 5 years expiring on 13th October 2027 at a revised rent of £18,500 pa (no reviews). Full repairing and insuring terms.
Rateable Value - £9,600
Council Tax Band A
EPC Rating
Retail Unit - D
Maisonette - E
8 Oxford Street, Brighton, BN1 4LA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Brighton Station0.3 miles
- London Road (Brighton) Station0.4 miles
- Moulsecoomb Station1.3 miles
About Austin Gray, Auction House Sussex
Austin Gray LLP, 37 Vernon Terrace, Brighton, BN1 3JH
Notes
Disclaimer - Property reference 226168. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Austin Gray, Auction House Sussex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Austin Gray, Auction House Sussex on 01273 109784.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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