Commercial Property

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. Brighton & Hove has a resident population of 289,000.

Brighton is one of the largest retail centres in the UK, with a primary catchment of 515,000 and a cosmopolitan, vibrant mix of high-end, mass market and boutique retailers.

37 Western Road is prominently situated on the southern side of this main thoroughfare with Churchill Square Shopping Centre and the seafront a few minutes walk. Churchill Square Shopping Centre is now anchored by the recently opened Ikea and has 470,000 sq ft of retail space with 1,600 car spaces.

Brighton rail station is 0.5 miles (13 mins) with regular services to London Victoria and London Bridge (journey time 54 mins).

Description

37 Western Road comprises a ground floor open plan sales area with a lower and upper mezzanine at the rear comprising treatment rooms and lower ground floor storage and W.C. This Class E unit is currently trading as a beauty salon.

Tenancy

LEASE

Held on an effective FRI lease dated 12th December 2024 for a term of ten years expiring 27th November 2034. Tenant break option and rent review 28th November 2029, passing rent £48,000 per annum exclusive.

TENANT

RW Beauty Property Limited, company no 13247528.

Tenure Comments

Virtual freehold. Held on a lease dated 20th November 2015 for a term of 999 years at a peppercorn rent.

EPC

Certificate No:9404-3049-0161-0200-9025, rated 88 D, valid until 27th January 2026 .

Rates Comments

RV £38,500 UBR 49.9p (Apr 2025/26).

VAT

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

Legal Costs

Each party are to 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.