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297 Ditchling Road, Brighton, East Sussex, BN1 6JJ

Offers in Region of
£157,500

£181.03 per sq ft

Business rates & charges may apply

Flude Property Consultants, Brighton
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

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

Approximate location

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

About Flude Property Consultants, Brighton

19 New Road, BN1 1UF
Industry affiliations:Industry affiliation logo 0

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.

Notes

These notes are private, only you can see them.

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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