Business Summary

SITUATION & DESCRIPTION

The subject property is situated on the southern side of Upper St James’ Street, at the junction with Bedford Street in the popular Kemptown area of Brighton. The seafront, its various attractions and Brighton Pier are all located close by as are numerous shops and eateries.

The property forms part of a terrace and comprises retail accommodation arranged over the ground floor area with a self-contained 4 bedroom maisonette arranged over the 1st, 2nd and 3rd floors and benefiting from part sea views.

The upper parts are in need of refurbishment whilst in our opinion there is potential to part extend the property and/or create a roof terrace subject to gaining the necessary planning consents

Elevations are of rendered brick/block under flat roofs. It is estimated that the property was originally constructed around the turn of the 20th Century.

ACCOMMODATION

Ground Floor:
Retail premises, currently arranged as front, middle and rear office accommodation with WC and kitchenette
Total floor area 619 sqft

First Floor:
2 Bedrooms

First Floor Half Landing:
WC

Second Floor:
Kitchen and 3rd bedroom/sitting room

Third Floor:
Bathroom, Large Studio Room

TENURE

Freehold

PRICE

£325,000

RATEABLE VALUE - £4,350

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.

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