38-42 Brunswick Street West, Hove, BN3 1EL
- SIZE AVAILABLE
8,110 sq ft
753 sq m
- SECTOR
Commercial property for sale
- USE CLASSUse class orders: D1 Non-Residential Institutions
D1
Key features
- Secure educational investment in established university town
- 8,110 ft² (753 m²) plus adjacent parking/yard 2,245 ft² (208 m²)
- To be let to BIMM University Limited Credit safe risk score 100/100 Very low risk
- New 15-year full repairing lease on completion, with or without a 10 year tenant's option to determine
- Commencing Rent of £150,000 per annum exclusive with 5 yearly CPI linked rent reviews
Description
The property is situated between Brighton city centre and Hove approximately 1 mile between Brighton and Hove stations. Brighton is a vibrant coastal city known for its diverse culture, historic landmarks. It is a popular destination for leisure, tourist and business visitors. There are two universities in the town being Brighton University and the University of Sussex. Based on Brighton & Hove City Council (2021- 2022 data) figures there are total 37,700 students at universities in Brighton & Hove with 17,835 at the University of Brighton and 19,865 at the University of Sussex. This represents approximately 4% of the student population of England. BIMM University have 1,500 Students in their Brighton colleges.
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupants.
We are instructed to invite offers for the freehold interest subject to a leaseback to BIMM University Limited on either of the following basis.
A. a 15 year lease with a tenant’s options to determine at the end of the 10th year or
B. a 15 year lease without a tenant’s option to determine at the end of the 10th year.
Brochures
38-42 Brunswick Street West, Hove, BN3 1EL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hove Station0.9 miles
- Brighton Station0.9 miles
- Aldrington Station1.2 miles
Notes
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