Business Summary
SITUATION & DESCRIPTION
The premises are located in a prime trading location on North Street close to the junction with East Street,
Other retailers in close proximity include Kurt Geiger, White Company, Monsoon & Benetton.
ACCOMMODATION
The premises are arranged over ground floor and basement having the following approximate dimensions and floor areas:
Internal Width – 30’ / 9.1m
Shop Depth – 56’2†/ 17.1m
Ground Floor Sales 1064 sqft / 98.8 sqm
Basement Store 438 sqft / 40.7 sqm
TENURE
The premises are available to let on a new effectively FRI lease, subject to upward only rent reviews at the end of each fifth year of the term.
RENT
£85,000 pa ex
RATEABLE VALUE - £70.500
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
Our client has been advised that an EPC is required. Details upon request.
LEGAL FEES
Each party to be responsible for their own legal costs.
Property Details
Other Business Details
Business Location:
5, North Street, Brighton, East Sussex, BN1 1EB