Ditchling Road, Brighton

Shop and Self Contained Upper Flat - Mixed Commercial Investment -Business Unaffected
Freehold Mixed Investment Producing £16,000 Per Annum

Description - TMixed Investment ground floor retail and upper self contained 1-bedroom flat, let on a single commercial lease to Beaumont Estate Agents - producing £16,000pa exclusive.

An Edwardian mid terrace property with ground floor commercial unit occupied by Beaumont Estate Agents & a self contained 1-bedroom flat to the first floor - occupied by a protected tenant, with a registered fair rent of £655pcm. The property also provides a rear garden, accessed via a shared service road.

Situation - The property is situated on the West side of Ditchling Road within Kings Parade, close to the popular area of Fiveways.

Tenancy - The commercial and residential units are let to Beaumont Estate Agents on a 10 year full FRI lease, expiring on 23rd June 2029.

First Floor Flat – Tenancy Details
Let to a statutory tenant protected by the Rent Act 1977.
The rent has been recently registered at £665.00pcm, effective from 19th August 2024.

Accommodation - COMMERCIAL
Total Floor Area – 51 sq.m.

FLAT
Living Room - 4m x 5.1m
Kitchen – 3.5m x 3.4m
Bathroom
Bedroom - 4.8m x 3.1m
Total Floor Area – 64 sq.m.

Tenure - Freehold

Epc - Commercial - B
Flat - E

Business Rates - £10,750

Council Tax - Flat - Band B

Legal Fees - Each party will be responsible for their own costs incurred in relation to the transaction.