Business Summary

21 North Street
Brighton BN1 1EB

SITUATION & DESCRIPTION

Double fronted shop is situated on the southern side of North Street close to the junction with Meeting House Lane. The shop benefits from ground floor sales area, and extensive basement storage.

Other retailers in close proximity include American Apparel, Cargo, Butlers & Blacks whilst East Street, The Lanes and Churchill Square Shopping Centre are all located close by.

ACCOMMODATION

A ground floor shop with the following approximate dimensions and floor area.

Internal Width 18’10”
Shop Depth 68’10”
Ground Floor Sales 1132 sq ft / 105m²
Basement Storage 1234 sq ft / 114m²
Kitchenette/WC 52 sq ft

TENURE

Available by way of a new FRI lease for a term to be agreed and subject to upward only rent reviews every five years.

RENT
£59,000 per annum exclusive.

LEGAL FEES
Each party is responsible for their own legal fees.

RATEABLE VALUE - £62,000
U.B.R 2012/2013: Payable: 45% (if eligible for small business rate relief), otherwise 45.8%.
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.

Property Details

Other Business Details