26a St Martins Place, Brighton, BN2 3LE

Description
A chance to occupy a spacious ground floor office premises which would suit a variety of business occupiers. The accommodation is configured as an open plan floor plate with self-contained access, LED lighting, kitchen, w/c facility with shower, laminate wood effect flooring and three outside courtyards.

Location
Situated just off Lewes Road, Brighton, an established commercial location and one of the main commercial thoroughfares of the city which experiences good footfall and traffic flow throughout the day. St Martins Place also benefits from the surrounding residential area with student accommodation.

Terms
Offers are invited in the region of £310,000 for the long leasehold interest dated from December 2015 for 125 years.

Alternatively, the office is available on a new sub-lease, for a term to be agreed at a commencing rental of £27,500 per annum exclusive and subject to rent reviews at appropriate intervals. Each party is to be responsible for their own legal fees.

Service Charge
A service charge will be payable, contributing towards the upkeep of the building. Further information available on request.

Use
The accommodation benefits from B1 office use under the original head lease.

Planning
Planning has been granted for change of use of the ground floor from commercial, business and service (E) to residential (C3) to form 1no bedroom flat and 1no two bedroom flat. Application No: BH2023/03280

VAT
The property may be elected for VAT and therefore VAT may be charged on the terms quoted.