31 Ship Street, Brighton, BN1 1AD
- SIZE AVAILABLE
332 sq ft
31 sq m
- SECTOR
Commercial development for sale
- USE CLASSUse class orders: A1 Shops
A1
Key features
- FREEHOLD - £425,000
- DESIRABLE CITY CENTRE LOCATION
- RETAIL & RESIDENTIAL
- RECENTLY COMPLETED NEW LEASE ON THE COMMERCIAL ELEMENT
- 7.71% NET YIELD
Description
Situated on the southern side of Ship Street on the edge of Brighton's famous Lanes, close to Duke Street, North Street & Union Street. Nearby occupiers include The Ivy & Ivy Asia, Browns, Pizza Pilgrims, Honest Burger & Fred Perry in addition to an array of other local and national eateries, retailers and pubs & bars.
The freehold interest is available to purchase for the sum of £425,000 with the benefit of the existing tenancies. A purchase at the suggest level shows a net yield of 7.17% based on a purchaser’s cost of 4.33% & the current income of £31,800 per annum.
The normal ID & proof of address will be required from all parties in the transaction.
Energy Performance Certificates
EPCBrochures
31 Ship Street, Brighton, BN1 1AD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Brighton Station0.5 miles
- London Road (Brighton) Station1.1 miles
- Hove Station1.6 miles
Notes
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