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38 Queens Rd 4,190 sq ft 100% Let Retail Property Brighton BN1 3XB £1,400,000 (£334.13/sq ft) 7.80% Net Initial Yield
Executive Summary
Freehold retail and residential investment prominently located close to Brighton station comprising a ground floor national estate agents with three flats and a maisonette..
38 Queens Road is located close to Brighton Station (two minutes walk, 325m) this major north-south thoroughfare linking Brighton Station with the city centre (Clock Tower, 4 mins walk) and Brighton seafront.
Churchill Square Shopping Centre (480m) and the popular shopping districts of North Laine (450m) and The Lanes (650m) are nearby.
38 Queens Road comprises a prominent five storey mid-terraced building with the ground floor commercial unit occupied by Your Move estate
agents. Potential for increased income (STNC).
38 Queens Road is located close to Brighton Station (two minutes walk, 325m) this major north-south thoroughfare linking Brighton Station with the city centre (Clock Tower, 4 mins walk) and Brighton seafront.
Churchill Square Shopping Centre (480m) and the popular shopping districts of North Laine (450m) and The Lanes (650m) are nearby.
38 Queens Road comprises a prominent five storey mid-terraced building with the ground floor commercial unit occupied by Your Move estate
agents. Potential for increased income (STNC).
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
4,190 sq ft
Costar Property Class
B
Year Built
1900
Price
£1,400,000
Price per sq ft
£334.13
Yield
7.80%
NOI
£109,196
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
1 1
Nearby Major Retailers
1 of 7
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38 Queens Rd
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