Description
The property comprises an L shaped purpose built office and retail block. Forming part of the wider Bartholomew Square development undertaken, we understand, in the mid 1980s. The wider development includes a hotel fronting on to the seafront, an underground car park and a public square.
Floor plans are available on the Dataroom.
Location
Located in the heart of the Lanes in central Brighton, the property forms part of Bartholomew Square, a busy and vibrant pedestrianised public square that is home to Brighton Town Hall, and situated within close proximity of Brighton seafront and the Palace Pier.
The city enjoys excellent connectivity, with links to Gatwick Airport and London via the A23/M23 and to the city of Portsmouth via the A27. Brighton railway station is located approximately 0.6 miles to the north, providing frequent direct services to London Victoria, London Bridge (approx.1 hour) and Gatwick Airport (30 minutes) and onward connections.
Planning
We understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
Tenancy Information
The ground, 1st & 2nd floors are offered with vacant possession. The 3rd and 4th floors are leased by Freedom Works Ltd on FRI terms from 08/01/2024 to 07/01/2039.
The base rent is £122,422 per annum increased annually in line with RPI. There is an additional turnover rent.
The service charge contribution is fixed at £122,422.50 per annum increasing annually by 2%. There are mutual break options in Jan 2029 & Jan 2034 subject to 12 months prior notice.
A copy of the lease is available on the Dataroom.
VAT
Rents and prices are quoted exclusive but may be subject to VAT.
Business Rates / Council Tax Band
From 1/4/2026
Ground 1st & 2nd floors, Bartholomew House & 7-9, Bartholomew Square, Brighton, BN1 1JE: £730,000
3rd & 4th floors Bartholomew House, Bartholomew Square, Brighton, BN1 1JE: £420,000
EPC
We understand the property has an EPC rating of D - 83 (expiry date - 28/11/2032).
Legal Fees
Each party to bear their own legal costs incurred.
AML
In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.
This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.
