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102 Gloucester Rd
Brighton BN1 4AP
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Prominent corner unit exposed to high levels of foot fall
- Shop part offered with vacant possession
- Includes a residential flat
- Unique opportunity with various income streams
- Three other income producing parts with combined income of £34,800 per annum
- Freehold For Sale - £765,000
EXECUTIVE SUMMARY
The property is situated in the heart of Brighton's famous North Laine area on the corner of Gloucester Road and Tidy Street.
This area is home to numerous independent cafes and shops, and just a short walk from Brighton railway station, The Lanes, the seafront and Churchill Square shopping centre.
The property is formed of four separate self contained parts. These comprise a corner retail shop, separate self contained ground floor unit, a basement unit and first floor flat one bedroom / studio flat.
Each unit has its own lockable separate access and WC.
This area is home to numerous independent cafes and shops, and just a short walk from Brighton railway station, The Lanes, the seafront and Churchill Square shopping centre.
The property is formed of four separate self contained parts. These comprise a corner retail shop, separate self contained ground floor unit, a basement unit and first floor flat one bedroom / studio flat.
Each unit has its own lockable separate access and WC.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
691 sq ft
Costar Property Class
B
Year Built
1930
Price
£765,000
Price per sq ft
£1,107.09
Yield
4.55%
NOI
£34,800
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.05
Total Plot Size
0.35 ac
Frontage
51 ft on Gloucester Road
AMENITIES
- Corner Lot
- Security System
- Signage
- EPC - B
- Smoke Detector
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