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COMMERCIAL

306 Ditchling Road, Brighton, East Sussex, BN1 6JG

Guide Price
£200,000
Austin Gray, Auction House Sussex
PROPERTY TYPE

Commercial Property

SIZE

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Description

**For Sale By Auction on Thursday 13 March 2025**

*Guide Price £200,000

Freehold Commercial Investment - Producing £15,600 Per Annum

Description
The property forms part of a terrace on the east side of Ditchling Road. This two storey building consists of a ground floor retail unit, currently let at £15,600 per annum to Fiveways Fruits, and a first floor self contained flat - which has been sold off on a long lease.

Situation
The property is located in popular 'Fiveways', approximately 2 miles from Brighton City centre with its range of amenities along with Brighton seafront & promenade. Both Blaker's Park and Preston Park are within walking distance, as is London Road railway station with links to Brighton and Preston Park railway station,(London Victoria 62 minutes).

Location Pin (What3Words): added.abode.only


NB WE DRAW YOUR ATTENTION TO 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

Accommodation
Retail space - 20
Internal storage - 27
WC
Total Floor Area - 47 sq.m.

Tenure
Freehold
Rent
The ground floor shop is let to Fiveways Fruits on a 10 year lease expiring 01 January 2033 with a current rent of £15,600 pa.

Lease
The first floor flat is sold off on a long lease, with the term expiring on 22 June 2195 with a peppercorn ground rent.
Rateable Value - £7,400
EPC Rating C

Brochures

Legal Documents

306 Ditchling Road, Brighton, East Sussex, BN1 6JG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • London Road (Brighton) Station0.5 miles
  • Moulsecoomb Station0.7 miles
  • Preston Park Station0.9 miles
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About Austin Gray, Auction House Sussex

Austin Gray LLP, 37 Vernon Terrace, Brighton, BN1 3JH
Industry affiliations:

Auction House Sussex & Hampshire is one of the largest property auctioneers in the South of England. Operated by Estate Agency Austin Gray, we have more than 40 years' experience selling properties at auction.

Through our extensive market knowledge and proactive marketing, we are highly regarded for selling residential investment properties locally.

Each year we hold in excess of seven live stream and multiple online auctions. Our team sell a significant number of lots in the Brighton & Hove area where our offices are located. These include residential & commercial property, development sites, land & garages.

In 2023 we have expanded our South East coverage to include Hampshire. Our auction services are now available across the whole of Sussex and Hampshire. These areas include Chichester, Rye, Horsham, Crawley, Basingstoke & Dean, Petersfield, Gosport and The New Forest.

If you need any advice or assistance, please call our team who would be delighted to help you.

Notes

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Disclaimer - Property reference 280550. 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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