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23 Gloucester Rd 3,100 sq ft Retail Property Brighton BN1 4AD £875,000 (£282.26/sq ft) 11.23% Net Initial Yield
Investment Highlights
- Affluent and vibrant south coast city centre location
- Nearby occupiers include Wagamama, Bill's, Las Iguanas, Starbucks Coffee and a range of other local retailers, pubs, bars & restaurants
- Let to BR Retail Limited (t/a Beyond Retro) until October 2034 (no breaks)
Executive Summary
Lot 13 is available for sale at an Acuitus auction to be held on Thursday 11th of June 2026.
The property comprises an long leasehold investment opportunity for sale.
The asking price is £875,000, representing a gross initial yield of 11.23%.
The property comprises an long leasehold investment opportunity for sale.
The asking price is £875,000, representing a gross initial yield of 11.23%.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
3,100 sq ft
Costar Property Class
B
Year Built
1990
Price
£875,000
Price per sq ft
£282.26
Yield
11.23%
NOI
£98,305
Tenancy
Single
Number of Floors
3
Plot ratio
0.10
Total Plot Size
0.71 ac
Frontage
Amenities
- Bus Route
- Security System
1 1
Nearby Major Retailers
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23 Gloucester Rd
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