Description
A rare opportunity to purchase an income producing freehold investment property in a central and vibrant location. The property is set out over the ground, first & second floors. The combination of its prime location and current income stream makes this property an appealing investment opportunity, offering both immediate returns and long-term growth potential in Brighton's thriving rental market. The property benefits from aircon & heating system, 1st floor kitchenette, outside w/c, spot lighting & vinyl & laminate flooring.

Location
The premises are prominently located on the western side of Bond Street, one of Brighton's prime city centre retail locations, which is situated between North Street and Church Street. Bond Street is a sought after street situated in the popular North Laine comprising a major retail thoroughfare with numerous retail, cafe and restaurant occupiers including Finisterre, Cafe Nero, Animal, Costa Coffee, Silverado, Flint Owl Bakery, and Jaba Yard.

Terms
Offers are invited in the region of £790,000 for the freehold interest of the property (subject to existing tenancies).

Tenancy Information
Let on a commercial lease to Lagom Retail Limited for a term of 10 years from 27th June 2019, current rent is £45,500 per annum.

N.B. Copy of the lease available on request to serious applicants.

The total annual income for the building is £45,500.