Wilmington Parade, Brighton, East Sussex, BN1
- PROPERTY TYPE
Commercial Property
- SIZE
659 sq ft
61 sq m
Key features
- Unique Investment property
- Ground floor retail unit in prime Brighton location
- Let to Jack and Maggies ( pet shop and groomers)
- Sold on long leasehold of 125 years
Description
This prime postioned ground floor unit is let to Pet grooming / pet supplies on new 10 year lease from 2023 at £8,500 JACK & MAGGIE'S
Currently underlet compared to local comparisons - rent to be increased at next review in line wth current market to £18500.00 per annum ( rent review due 2028)
To be sold on long lease of 125 years. Ground rent of £250 per annum.
Shop floor areas
Ground floor retail zone a 28.8 Sqm
Ground floor retail zone b 18 Sqm
Ground floor store 14.4 Sqm
Total 61.2
Wilmington Parade in Brighton offers a mix of residential and commercial properties, making it a convenient and vibrant place to reside or own. Its location within a bustling city known for its cultural richness and seaside charm adds to its appeal. Residents benefit from excellent amenities, good transport links, and a diverse, welcoming community.
Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation.
These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.
All dimensions/measurements are approximate.
Wilmington Parade, Brighton, East Sussex, BN1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Preston Park Station1.2 miles
- Moulsecoomb Station1.4 miles
- London Road (Brighton) Station1.6 miles
Notes
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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 Barney Estates and Auctioneers, London on 020 8432 7330.
*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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