297 Ditchling Road, Brighton, East Sussex, BN1 6JJ
- SIZE AVAILABLE
870 sq ft
81 sq m
- SECTOR
Commercial property for sale
Key features
- Freehold investment located in popular affluent area of city
- Situated on a busy road leading into the city
- Let to retailer at passing rent of £9,000 per annum
- Ideal SIPP investor opportunity
- Rear garden section to be retained by current owner
- Freehold for Sale - £157,500
Description
The subject property comprises an end-of-terrace, two-storey, mixed-use building constructed beneath a tiled pitch roof. The ground floor retail unit consists of a glazed frontage with private access.
The first floor residential flat also has private access.
We understand that the current owners wish to retain the rear garden. Please refer to the plan illustrating the proposed boundary change for further clarity.
Location
Brighton and Hove is a vibrant and well connected city on the South Coast, offering an exceptional quality of life and a strong commercial base. The city benefits from a diverse economy, excellent transport links to London and Gatwick Airport, and a highly skilled workforce, making it an attractive location for businesses across the creative, digital, professional, and financial sectors.
The subject property is located at the corner of Ditchling Road and Ashford Road, situated on the western side of Ditchling Road. The area is an established residential location with commercial units in close proximity; the Five Ways interchange is approximately a two minute walk to the south of the subject property. Nearby occupiers include the Flour Pot Bakery, Raven's Bakery, Playcafe and numerous units around the Five Ways junction.
Planning
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
Tenancy Information
No. 297 - The first floor flat was sold off and is subject to a 125 year lease dated 24/06/2005.
No. 297A - The ground floor retail unit is let to a commercial tenant on a renewed lease for a term of 10 years from 30 March 2017. The lease is inside the Act and is drawn on effectively full repairing and insuring obligations.
The passing rent for the ground floor retail unit is understood to be £9,000 per annum.
VAT
Rents and prices are quoted exclusive but may be subject to VAT.
Accommodation
The accommodation has the following approximate Net Internal Area (NIA):
Business Rates / Council Tax Band
No. 297A - Rateable Value (2026): £9,600
Occupiers will pay approximately 38% of this per annum.
EPC
We understand the property has an EPC rating of E (expiry date - 07/03/2033).
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.
Brochures
297 Ditchling Road, Brighton, East Sussex, BN1 6JJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- London Road (Brighton) Station0.7 miles
- Moulsecoomb Station0.7 miles
- Preston Park Station0.8 miles
Notes
Disclaimer - Property reference 9361FH. 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 Property Consultants, 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.
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