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31 Ship St 332 sq ft Retail Property Brighton BN1 1AD £380,000 (£1,144.58/sq ft)
Investment Highlights
- Comprises a ground floor & basement shop with a maisonette above
- Maisonette let on an Assured Tenancy
- Nearby occupiers include The Ivy & Ivy Asia (opposite), Pizza Pilgrims, Honest Burger, Nando's & Fred Perry
- Shop let on a new 10 year lease expiring in 2035
- Situated in Brighton's iconic Lanes district
- VAT is not applicable
Executive Summary
GUIDE PRICE £380,000+ DESIRABLE CITY CENTRE LOCATION RETAIL & RESIDENTIAL INVESTMENT RECENTLY COMPLETED NEW LEASE ON THE COMMERCIAL ELEMENT GUIDE PRICE NET YIELD 8.04% The freehold interest is available to purchase with offers invited in excess of £380,000 for the freehold interest subject to the existing tenancies.
Property Facts Sale Pending
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
332 sq ft
Costar Property Class
B
Year Built
1920
Price
£380,000
Price per sq ft
£1,144.58
Tenancy
Single
Number of Floors
4
Plot ratio
0.04
Total Plot Size
0.20 ac
Frontage
15 ft on Ship Street
Amenities
- Security System
- Signage
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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Videos
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Photos
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Map
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31 Ship St
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