Norwood House

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Key Points

Summary

Mixed use, part let investment with development potential for sale in Brighton City Centre

Description

Norwood house is a modern mixed use building arranged over Ground floor, basement, 1st, 2nd & 3rd floors. The ground floor is currently let to Simon Green t/a The Brow Studio by way of a 5 year lease from March 2021 at a rent of £23,940 per annum exclusive on an effective full repairing & insuring basis. Accessed by their own entrance are several office suites arranged at Basement, 1st,2nd & 3rd floor levels. The office suites at present are all vacant.

Viewings

Through landlords agents Eightfold Property or Newlands Property

Location

Located in the very centre of Brighton City Centre, just a short walk from the mainline train station, near to popular local amenities including Churchill Square Shopping Centre, and close to Brighton's famous seafront. Nearby operators include Costa Coffee, Metro Bank, Flannels, Wendy's, and Marks and Spencer,

Terms

Offers are invited in excess of £1,750,000 for the freehold interest subject to the existing lease of the ground floor & vacant possession of the remainder of the building.