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Guide price
£75,000

Retail property (high street) for sale

Wilmington Parade, Brighton BN1
Retail property (high street)
331 sq ft / 31 sq m
Added > 14 days

Features and description

  • Tenure: Leasehold (125 years remaining)
  • A unique investment opportunity in Brighton East Sussex
  • 30.8 Sq M
  • Potential rent £9000 Per annum
  • Prime postioned ground floor retail unit

A unique investment opportunity in Brighton East Sussex - Ground floor retail high street Unit 5 Wilmington Parade, Brighton.

This prime postioned ground floor unit is let to Hair salon LAUREN WALDER HAIR AND EXTENSIONS paying £6,500 annually on 10 year lease from 2017 ( break clause in 2023 was not excersized)

Currently underlet compared to local comparisons - rent to be increased at next review in line with current market to £9,000.00 per annum ( rent review due 2025)

To be sold on long lease of 125 years. Ground rent of £250 per annum.

Shop floor areas

Ground floor retail zone a 26Sqm

Ground floor internal storage 4.8Sqm

Total 30.8 Sqm

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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About this agent

Barney Estates & Auctioneers - Battersea
Barney Estates & Auctioneers - Battersea
16 Baltimore House Juniper Drive London SW18 1TS
020 8022 1787
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We operate a property consultancy, auction and asset management business carrying professional indemnity insurance. We act on behalf of clients transacting land and property sales on auction terms with various partners and hold a separate audited client deposit account and we are members of the PRS.  
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