Retail property (high street) for sale
Property description & features
- 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.
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on May 12, 2023
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Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on May 12, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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