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28 Kensington St 8,762 sq ft Office Unit Offered at £2,000,000 in Brighton BN1 4AJ
INVESTMENT HIGHLIGHTS
- Lighthouse is a charity organisation which supports artists who use digital technology in their work and helps people find routes
- The building is made up of self-contained, open plan, office suites which are accessed through a large, shared reception/function area which can be us
- The property has multiple office suites which are currently let on leases and licences by Lighthouse to a variety of businesses
EXECUTIVE SUMMARY
Lighthouse is a charity organisation which supports artists who use digital technology in their work and helps people find routes into and succeed within the creative & cultural industries. From this central Brighton venue, they offer education and talent development programmes, commission artists to make and present new work, and produce exhibitions, talks and residencies. The property has multiple office suites which are currently let on leases and licences by Lighthouse to a variety of businesses. The building is made up of self-contained, open plan, office suites which are accessed through a large, shared reception/function area which can be used by the tenants. There are no time restrictions when using the premises, and each tenant shares the communal areas including the kitchen, shower, WCs (including disabled WCs), wet room and cycle storage. The office space has good natural light with venetian blinds, gas central heating and suspended grid ceilings with recessed lighting. In addition, separate meeting rooms within the building are available by arrangement on a daily or half daily basis. The building is ideal for an investor to add to their portfolio or a part owner occupier benefitting from the present income.
PROPERTY FACTS
| Total Property Size | 14,000 sq ft | Typical Floor Size | 3,500 sq ft |
| Property Type | Office (Unit) | Year Built | 1985 |
| Costar Property Class | B | Total Plot Size | 0.83 ac |
| Floors | 4 |
| Total Property Size | 14,000 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | B |
| Floors | 4 |
| Typical Floor Size | 3,500 sq ft |
| Year Built | 1985 |
| Total Plot Size | 0.83 ac |
AMENITIES
- Security System
- Storage Space
- Smoke Detector
1 UNIT AVAILABLE
Unit 28
| Unit Size | 8,762 sq ft | Unit Use | Office |
| Price | £2,000,000 | Sale Type | Investment |
| Price Per sq ft | £228.26 | Tenure | Long Leasehold |
| Unit Size | 8,762 sq ft |
| Price | £2,000,000 |
| Price Per sq ft | £228.26 |
| Unit Use | Office |
| Sale Type | Investment |
| Tenure | Long Leasehold |
DESCRIPTION
The property has multiple office suites which are currently let on leases and licences by Lighthouse to a variety of businesses. The building is made up of self-contained, open plan, office suites which are accessed through a large, shared reception/function area which can be used by the tenants. There are no time restrictions when using the premises, and each tenant shares the communal areas including the kitchen, shower, WCs (including disabled WCs), wet room and cycle storage.
SALE NOTES
TENURE
Long Leasehold with approximately 105 years unexpired. There is a ground rent payable to the freeholder of £250 per annum.
ASKING PRICE
£2,000,000
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28 Kensington St
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