Retail property (high street) for sale
Features and description
- Tenure: Leasehold (125 years remaining)
- Unique Investment property
- Ground floor retail unit in prime Brighton location
- Let to Jack and Maggies ( pet shop and groomers)
- Sold on long leasehold of 125 years
A unique investment opportunity in Brighton East Sussex - Ground floor retail high street Unit 6 Wilmington Parade, Brighton.
This prime postioned ground floor unit is let to Pet grooming / pet supplies on new 10 year lease from 2023 at £8,500 JACK & MAGGIE'S
Currently underlet compared to local comparisons - rent to be increased at next review in line wth current market to £18500.00 per annum ( rent review due 2028)
To be sold on long lease of 125 years. Ground rent of £250 per annum.
Shop floor areas
Ground floor retail zone a 28.8 Sqm
Ground floor retail zone b 18 Sqm
Ground floor store 14.4 Sqm
Total 61.2
Wilmington Parade in Brighton offers a mix of residential and commercial properties, making it a convenient and vibrant place to reside or own. Its location within a bustling city known for its cultural richness and seaside charm adds to its appeal. Residents benefit from excellent amenities, good transport links, and a diverse, welcoming community.
Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation.
These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.
All dimensions/measurements are approximate.
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