Retail Property (high Street)

Location

Brighton is located 22 miles (35 km) south of Crawley, 22 miles (35 km) west of Eastbourne and 14 miles (22 km) east of Worthing. The city has a resident population of 289,000.

The property is prominently situated on the
eastern side of Bond Street in the popular and diverse North Laine area, a cosmopolitan and vibrant mix of some 300 independent shops, offices, 37 cafes, 22 pubs, and 4 theatres including the Komedia. Nearby occupiers include Stage One, Cafe Nero, Ben & Jerrys, The Fudge Patch, Bubble Pop, Bagelman, Hugo Morris, Malarkey, Costa Coffee, Pretty Eccentric, and Animal.

Brighton station is 0.5 miles (11 mins walk).
There is an NCP car park (587 spaces) in Church
Street nearby (3 mins, 150 m).

A location plan and street view can be viewed online through Google Maps by typing in the following postcode: BN1 1RD.

Description

The property comprises a prominent retail unit with a ground-floor open-plan sales area, lower ground, first and second floors. The main sales area features a large window frontage with strip and spot lighting and hardwood flooring.

The first floor features a small office/storage area along with a W/C and a small Kitchenette.

The second floor and lower ground floors are predominantly used for storage.

Price/Rent

£25,000 per annum

Premium

Offers are invited for the lease

Tenure Comments

An assignment of the existing lease dated 10 December 2021 for a term of 10 years expiring on 9 December 2031.

EPC

Certificate no: 1962-1592-6796-7031-9900.

The property's current energy rating is C 66.

Valid until 5th October 2031.

Rates Comments

RV £17,250 UBR 49.9p (Apr 25/26). Small Business Rates Relief will apply to qualifying occupiers.

VAT

We are advised that VAT is not chargeable on the rental outgoings.

Legal Costs

Each side will be responsible for their own legal costs.

Money Laundering Regulations

Under the Money Laundering Regulations 2017 (as amended) we are legally required to obtain proof of funds and identity.