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COMMERCIAL

Surrey Street, Brighton

Offers Over
£575,000
Nicholas James, Auctions
PROPERTY TYPE

Commercial Property

BEDROOMS

2

SIZE

Ask agent

Key features

  • Freehold Investment Opportunity
  • Prime City Centre Location
  • Ground Floor Shop
  • First Floor 2 Bedroom Flat
  • Current Rent £39,300pa
  • Potential to Improve Annual Rent

Description

A freehold investment opportunity in a prime Brighton location. The property is arranged as a grocer/deli on the ground floor paying a rent of £16,500pa in occupation on a 5 year lease expiring March 2025 and a 2 bedroom, 2 bathroom flat on the first floor currently let on an AST at £1,900pcm (£22,800pa). The flat could suit holiday lets/Airbnb given the prime location, close to Brighton Station and the vibrant City centre. Planning permission has been approved under application BH2024/02255 for the erection of an additional storey and creation of an additional residential unit. Buyers should take their own advice on the existing use class and future hope for redevelopment of the site.

Brochures

Brochure

Surrey Street, Brighton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brighton Station0.1 miles
  • London Road (Brighton) Station0.7 miles
  • Preston Park Station1.3 miles

About Nicholas James, Auctions

8 The Drive, Hove, BN3 3JT

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Notes

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Disclaimer - Property reference 34340861. 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 Nicholas James, Auctions. 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.

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