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AGENT'S DETAILS


27 Duke Street, Brighton, BN1 1AG

For sale: £900,000.00|1783 Sq Ft|Retail - High Street, Other, Retail, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£900,000.00
SIZE1783 Sq Ft
ADDRESS27 Duke Street, Brighton, BN1 1AG
TYPERetail - High Street, Other, Retail, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON22nd June 2020

DESCRIPTION

Description

Freehold Investment
Attractive building arranged over 5 levels


Location

The property is located on the northern side of Duke Street, one of Brighton's most sought after shopping thoroughfares.
Duke Street is the main pedestrian route connecting Churchill Shopping Centre with the historic Brighton Lanes shopping district.
Nearby occupiers are Vans, Nationwide, TSB Bank, Nandos and other independent and national retailers.

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Accommodation

The property comprises 5 storey mid terraced building with the retail unit to the ground floor.

We believe the existing accommodation to have the following approximate net internal floor areas:

Ground30.37 sq m(327 sq ft)
Lower Ground69.39 sq m (747 sq ft)
First25.08 sq m (270 sq ft)
Second22.11 sq m(238 sq ft)
Third18.67 sq m(201 sq ft)
Total165.62 sq m(1,783 sq ft)

Legal Fees

Each party to bear their own legal costs incurred.

Terms

The freehold interest is offered for sale subject to vacant possession with offers in excess of £900,000.

The ground floor retail is let by way of a 5 year lease dated 06/12/2019 at a rent of £33,000 per annum. There is a mutual break option at 09/03/2021.

( Agency Pilot Software Ref: 3001 )

LOCATION

Location: 27 Duke Street, Brighton, BN1 1AG

Brighton (0.4 miles)

London Road (Brighton) (1.0 miles)

Hove (1.5 miles)

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