£575,000

Retail premises for sale

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Freehold

Offers in region of

£575,000

(£493.56/sq. ft)

Retail premises for sale

Duke Street, Brighton BN1

1,165 sq. ft

Local area information

Property location

Nearby amenities

  • Middle Street Primary School 0.1 miles
  • St Paul's CofE Primary School and Nursery 0.3 miles
  • Brighton 0.4 miles
  • London Road (Brighton) 1 mile

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Brighton to find out more about the local area.

Features and description

  • Freehold
Key Points

  • City Centre Location
  • New 10 Year Lease
  • Producing £37,500PAX

  • Description

    A very well located city centre investment, the building is arranged over five floors, offering a great company profile, with a new letting having just been completed, the premises have just undergone a full refurbishment by the new tenant.

    The building has recently been let for £37,500pax on a new 10 Year Fri lease from June 2024, with 5 year break option and upward only open market rent review.

    Location

    Located just off West Street across from Churchill Square shopping centre, Duke Street is in the heart of the city centre of Brighton, leading down into Ship Street and the famous Lanes. Nearby occupiers include Nationwide, Tortilla, Nando's, The Ivy, The Ivy Asia, Browns & Rush Hair as well as a host of other independent traders.

    Viewings

    Viewings can be arranged via the Vendors Sole Agent - Newlands Property

    Terms

    Offers are invited in the region of £575,000 for the freehold interest, subject to the existing lease in place. A purchase at this level would reflect a niy of 6.21% after purchase costs.

    More information

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    Listed by

    Property descriptions and related information displayed on this page are marketing materials provided by - Newlands Property - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Newlands Property - Commercial for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. East Sussex
    4. Brighton
    5. Brighton City Centre
    6. Duke Street