Dorset Street, Brighton
- PROPERTY TYPE
House
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Auction Date 22nd October 2025
- Freehold interest including commercial unit and reversionary value in two residential leases
- Ground floor commercial unit currently holding over from 5-year lease (2017) – potential for new lease or vacant possession
- Two residential apartments held on leases with 87 years remaining
- Ground rent of £100 p.a. per apartment until 2037, with future escalation
- Leaseholders contribute a fair share of maintenance costs
Description
An excellent opportunity to acquire the freehold of a well-positioned mixed-use, double fronted building, comprising a ground floor commercial unit and two residential apartments above. The ground floor commercial space is included in the freehold and currently occupied under a lease that is holding over from a five-year agreement dating back to 2017, offering flexibility for vacant possession or the negotiation of a new lease agreement with a revised premium.
The two upper floors house self-contained residential apartments which are privately owned and held on long leases, each with 87 years remaining. These leases present future added value potential, as upcoming lease extensions are likely to generate a premium for the freeholder. Both leases stipulate a ground rent of £100 per annum until 2037, after which the rent escalates in accordance with the terms set out in the lease. Leaseholders are also responsible for a fair proportion of annual maintenance costs, further supporting the investment appeal of the asset.
Located in a desirable area with strong rental demand and excellent transport links, this property presents multiple income streams and the potential for strategic value enhancement through lease negotiations, asset management, or re-letting the commercial space.
Brochures
Dorset Street, Brighton- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Dorset Street, Brighton
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Visit our security centre to find out moreDisclaimer - Property reference 34104373. 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 Lextons Auctions, 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 Lextons Auctions, Sussex on 01273 109874.
*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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