Newly Configured E Class Unit
The property is located on the eastern side of London Road just to the south of Preston Circus in a commercial thoroughfare well served by frequent bus services. It is an established trading location where a variety of both local and multiple retailers are represented.
Occupiers immediately surrounding the premises include Barclays Eagle Lab, Richer Sounds, Domino's Pizza, W H Smith, Ladbrokes, Costa Coffee, Duke of York picture house and numerous pubs and restaurants.
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
We have been informed that the property is not subject to VAT.
The premises are arranged over the ground floor and basement of a mid-terraced property.
The property has the following approximate Net Internal Areas (NIA):
Ground floor: 74.25 sq m (799 sq ft)
Basement: 25.67 sq m (276 sq ft)
Total: 99.92 sqm (1,076 sq ft)
Rateable Value (2023): to be reassessed
The property is available to let by way of a new full repairing and insuring lease for a term to be agreed and at a rent of £29,950 per annum exclusive of rates, building insurance.
Located in an established trading location
Situated in busy pedestrian and vehicular thoroughfare
Within a 15 minute walk of Brighton Station
Self contained ground floor retail unit
Excellent local amenities
Offered by way of a new lease
Rent £29,950 per annum ( Agency Pilot Software ref: 4130 )
