46 Brunswick Road, Shoreham-By-Sea BN43 5WB
Size
1,198
Tenure
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EPC
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Parking
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- Primary use
- High street retail
- Other use(s)
- Traditional office
- Frontage
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No floor / site plan
Key features
- Freehold investment subject to tenancies
- Ground floor and basement restaurant let at £35,000 per annum
- 5 flats over upper parts sold off on long leases
- Located opposite Shoreham mainline railway station
- Offers in the region of £450,000
Description
The retail unit is configured over the ground floor with basement storage, and with five individual flats located over the upper three floors.
The property is situated in a prominent corner position, directly opposite Shoreham mainline railway station at the junction of Brunswick Road and Station Approach.
Shoreham is a busy coastal town with excellent links to Brighton, Portsmouth, Chichester and London.
The restaurant unit is let to an owner operator, under the terms of an effective full repairing and insuring lease for a term of 25 years from 24 January 2008, expiring 23 January 2033. The passing rent is £35,000 per annum and subject to five yearly upward only rent reviews, with the next review in January 2028.
The upper parts are sold off by way of 150 year leases dated 25 March 2008 paying a combined ground rent of £1,000 per annum.
The property is elected for VAT.
Each party to bear their own legal costs incurred.
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.
Freehold investment subject to tenancies
Ground floor and basement restaurant let at £35,000 per annum
5 flats over upper parts sold off on long leases
Located opposite Shoreham mainline railway station
Offers in the region of £450,000
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
46 Brunswick Road, Shoreham-By-Sea BN43 5WB
About FLUDE GROUP LTD, Brighton
Flude Property Consultants is a regional independent firm of Chartered Surveyors regulated by the Royal Institution of Chartered Surveyors (RICS) who specialise in advising clients with commercial property interests.
Our main areas of expertise are commercial property agency, lease advisory (rent reviews, lease renewals and lease re-gears), property management, valuation, rating, investment and development property.
We are a commercially minded practice who understand the needs and pressures of business.
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Disclaimer - Property reference 7399FH. 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 FLUDE GROUP LTD, Brighton. 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.