26-30 High St | Brighton BN2 7HR
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26-30 High St
Brighton BN2 7HR
Retail Property For Sale
Investment Highlights
- Situated in an historic coastal village
- Great Transport Links
- Close to Rottingdean beach
Executive Summary
The property comprises a mixed use mid terrace building with two commercial units on the ground floor, and four residential flats on the upper floors.
26 High Street Ground Floor - 222 sq ft / 20.6 sq m
30 High Street Ground Floor - 439 sq ft / 40.8 sq m
30 High Street Lower Ground Floor - 663 sq ft / 61.6 sq mn
Unit 26 – Verbal agreement between landlord and tenant at £382 per calendar month
Unit 30 – 20 year lease from December 2009 at a rent of £12,200 per annum.
There are rent reviews and break options every 5 years
*We are advised the tenant is paying a concessionary rent of £10,000 per annum
Flat 1 - sold off on long lease ending 24th March 2166 paying a peppercorn rent
Flat 2 - sold off on long lease ending 24th March 2166 paying a peppercorn rent
Flat 3 - sold off on long lease ending 24th March 2166 paying a peppercorn rent
Flat 4 - sold off on long lease ending 24th March 2166 paying a peppercorn rent
26 High Street Ground Floor - 222 sq ft / 20.6 sq m
30 High Street Ground Floor - 439 sq ft / 40.8 sq m
30 High Street Lower Ground Floor - 663 sq ft / 61.6 sq mn
Unit 26 – Verbal agreement between landlord and tenant at £382 per calendar month
Unit 30 – 20 year lease from December 2009 at a rent of £12,200 per annum.
There are rent reviews and break options every 5 years
*We are advised the tenant is paying a concessionary rent of £10,000 per annum
Flat 1 - sold off on long lease ending 24th March 2166 paying a peppercorn rent
Flat 2 - sold off on long lease ending 24th March 2166 paying a peppercorn rent
Flat 3 - sold off on long lease ending 24th March 2166 paying a peppercorn rent
Flat 4 - sold off on long lease ending 24th March 2166 paying a peppercorn rent
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
1,324 SF
Year Built
1960
Price
£225,000
Price Per SF
£170
Percent Leased
100%
Number of Floors
2
Building FAR
0.54
Lot Size
0.06 AC
Frontage
30 ft on High Street
Amenities
- Signage
1 of 2
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