GROUND FLOOR UNIT, KEMPTOWN HOUSE, 72 CARLTON HILL, BRIGHTON, BN2 0GW

A self contained ground floor space that is used as consulting rooms & let to Rooms For Therapists Limited on a lease term expiring 4th June 2029 who pay a rent of £15,000 pa exclusive. We understand there is a 3 month rent deposit held by the landlord. The building was constructed in approximately 2018. The tenant operates a therapy room business where operators are able to hire rooms on an hourly basis. The tenants have been in situ since 2019 & did not operate the break clause in 2024.

The building is situated on the corner of Carlton Hill & Mighell Street adjacent to the Amex building & Edward Street Quarter development where occupiers include Knights solicitors, Octopus Energy & Natwest. The Circus Street Development is also nearby where tenants include South East Dance. whilst the popular Queens Park is a few minutes walk away to the east whilst the the City Centre is to the ease & seafront to the south.

Strictly via Sole Agents Eightfold Commercial.

For Sale by way of a long leasehold interest for a term of 999 years from 2018 with the benefit of the existing tenancy. A price of £210,000 is suggested & a purchase at this level would show a gross yield of 7.14% & net yield after purchasers costs of 6.98%.