Commercial Property for sale

107-108 St. Georges Road, Brighton, East Sussex, BN2


OIEO
£875,000
2,656 ft²

Features

  • ,Freehold for sale with offers in excess of 875,000.
  • Comprising caf (A1/A3) premises to the ground floor and 6 HMO letting rooms to the upper parts
  • Mixed use investment opportunity providing secure long term income
  • Situated in the popular St Georges Road area of Kemp Town, Brighton

Description

Description



Mixed use investment opportunity FOR SALE



Location



The property is located in the popular Kemp Town area of Brighton and is situated within the principle commercial area of St George Road.



The immediate vicinity is characterised by a mix of residential, retail and restaurant uses. The Royal Sussex County Hospital and Brighton College are located close by to the north. Nearby occupiers include, Boots Pharmacy, Co-op Food, WH Smith, Age UK, Lloyds Bank and numerous independent retailers.



Planning



The ground and lower ground floors are consented as retail/cafe (A1/A3) use (ref: BH2014/01820) . The upper parts are licensed as a six bedroom HMO premises.



VAT



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



Accommodation



The property comprises 3 storey end of terrace building with the retail unit to the ground and lower ground floor. There are 6 dwellings to the upper parts that have a shared kitchen and bathroom.



We understand the commercial parts to have the following approximate

Net Internal Areas:



Ground floor (retail)65.21 sq m 702 sq ft

Lower ground (retail)49.51 sq m 533 sq ft

Upper parts (residential) 132 sq m1,421 sq ft

Total 247 sq m2,656 sq ft



EPC



Ground & lower ground = D

Upper parts = E



Legal Fees



Each party to bear their own legal costs incurred.



Terms



We have been instructed to seek offers in excess of 875,000

(eight hundred and seventy five thousand pounds) for our client's freehold interest.

Categories

Commercial Properties
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Property reference
CP214243_3454