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#Business ID: 18680

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Prominent Lock Up Shop

Business Location: East Street, Brighton, East Sussex, England

Asking Price: BUSINESS SOLD Revenue: not disclosed Cash Flow: not disclosed

Business Summary

SITUATION & DESCRIPTION

Situated in a busy city centre thoroughfare close to multiple retailers such as Gap Kids, Toni & Guy, All Saints & Jack Wills.

The premises comprise ground floor sales area with good size basement storage accommodation.

Frontage 10’9” / 3.32m

Ground Floor Shop

Width 10.9ft (3.32m)
Depth 28.4ft (8.65m)
Providing a sales area of 310 sqft / 28.72sqm

Basement 183 sqft (17sqm)

TENURE

Available by way of assignment of a 10 year effective full repairing and insuring lease commencing April 2011 and subject to an upward only rent review at the end of the fifth year of the term.

RENT

£18,000 per annum exclusive

RATEABLE VALUE - £13,000

U.B.R 2013/2014: Payable: 46.2% (if eligible for small business rate relief), otherwise 47.1%.

Interested parties should enquire of the local Rating Authority as to the implications of the phasing arrangements on the amount of rates actually payable. Parties should also make enquiries concerning the implications of the small business allowance.

ENERGY PERFORMANCE CERTIFICATE

EPC attached.

LEGAL FEES

Ingoing tenant to be responsible for the landlord’s reasonable legal and professional fees incurred in the transaction.

Property Details

Property Type:

Lease

Other Business Details

Business Location:

7, East Street, Brighton, East Sussex, BN1 1HP

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