Newly Developed Leisure Investment Opportunity
• Brighton & Hove is one of the largest commercial centres in the south east of England • Brighton & Hove boasts 8.5 million visitors per annum, being in the top ten UK towns visited in 2016 • The total population within the Brighton primary catchment area is 515,000, ranking the city 38 out of the PROMIS Centres • Brighton Marina is a vibrant, cosmopolitan cocktail of bars, restaurants, entertainment, chic shops and boating enthusiasts • Seven restaurant units which were developed in 2016, let to well-known leisure operators; Five Guys, TGI Friday, Bella Italia, MOD Pizza, Las Iguanas and Casa Brasil • The total passing rent is £845,078 per annum, with headline rents reaching over £35.00 per sq ft • The parade totals 27,504 sq ft (2,555.2 sq m) over ground floor, benefiting from external seating and rear servicing • WAULT of 14.2 years to expiry and 12.6 years to breaks • The property is held long leasehold for a further 137 years, expiring in 2155 at a peppercorn rent from Brighton Marina Company Limited
A unique industrial and logistics opportunity in the region - Available Summer 2019
Cubitt Park is strategically located next to Brighton City Airport, offering units from 25,000 to 269,000 sq ft and designed to the highest specification and standards.
Self-Contained Industrial Complex with Offices, Warehouse and Workshop Facilities.
| Address | Occupier | sq ft | Passing Rent | Lease Expiry |
| Units 1&5 | Altech Engineering Ltd | 4,750 | £23,000 | 30th November 2020 |
| Unit 2 | Altech Engineering Ltd | 2,604 | £11,861 | 30th November 2020 |
| Unit 3 | Generator Insulation Services Ltd | 1,431 | £8,500 | 31st October 2017 |
| Unit 4 | Audio Empire | 1,420 | £12,500 | 5th October 2024 |
| Unit 6 | Flotronic Pumps Ltd | 11,245 | £87,000 | 31st December 2021 |
| Unit 7 | Flotronic Pumps Ltd | 4,368 | £18,500 | 31st December 2021 |
| Unit 8 | Kids Clothes Boxes | 2,783 | £11,000 | 20th June 2022 |
| Unit 9 | Golf Trolley Shop | 1,221 | £4,800 | 28th February 2020 |
| Unit 10 | Ingenia Solutions Ltd | 5,207 | £38,000 | 31st December 2026 |
| Unit 11 | Norris Brothers | 1,944 | - | - |
| Unit 12 | Storage Unit | 1,380 | - | - |
The wider site extends to approximately 8.52 acres. To the South and West of the estate are areas that represent development potential over both the short and longer term.
The nearest railway stations are Wivesfield (3.3 miles to the east) and Burgess Hill (3.4 miles to the south east).
The sale is on the bais of transfer of a going concern (TOGC).
Copies of the EPC's are available within the dataroom.