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59 Preston St 357 sq ft 100% Let Retail Property Brighton BN1 2HE £450,000 (£1,260.50/sq ft)

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INVESTMENT HIGHLIGHTS

  • Freehold mixed-use property
  • Commercial rent rising from £14,000 to £16,400 p.a.
  • Strong rental yield and investment potential
  • Close to seafront, shops, and amenities
  • No onward chain
  • Ground floor commercial unit with prominent frontage
  • Self-contained 2-bedroom flat above
  • Prime central Brighton location
  • Well-presented residential accommodation

EXECUTIVE SUMMARY

GUIDE PRICE £650,000 - £700,000

60A Preston Street, Brighton – Freehold Mixed-Use Investment

An outstanding opportunity to acquire a freehold mixed-use property in the heart of Brighton, just a short stroll from the seafront. 60A Preston Street comprises a ground floor commercial unit currently let, and a self-contained two-bedroom flat above, making it a highly attractive prospect for investors or owner-occupiers.

The ground floor commercial unit benefits from a prominent high-footfall location and is currently let at £14,000 per annum, with a scheduled increase to £16,400 per annum, offering a strong and rising rental yield. The tenant is well-established, and the unit presents excellent long-term investment stability.

Accessed via a separate entrance, the two-bedroom maisonette spans the first and second floors and features a bright living room, fitted kitchen, bathroom, and two generous bedrooms. The flat is well-maintained and ideal for continued letting or personal use.

Preston Street is a lively and popular location known for its restaurants, cafés, and close proximity to Brighton's beach, Western Road shopping area, and public transport links.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
357 sq ft
Price
£450,000
Price per sq ft
£1,260.50
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Frontage
15 ft on Preston St

AMENITIES

  • Storage Space

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE END
  • Daisy's Nail Company & Spa
  • -
  • 357 sq ft
  • -
  • -
  • The Gelbottle Inc
  • -
  • -
  • -
  • -
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE END
Daisy's Nail Company & Spa - 357 sq ft - -
The Gelbottle Inc - - - -

NEARBY MAJOR RETAILERS

Kokoro
Pho
Zizzi
Ask Italian
Co-op
Sainsbury's
Natwest
HSBC
Barclays
Metro Bank
  • Listing ID: 35960408

  • Date on Market: 22/05/2025

  • Last Updated:

  • Address: 59 Preston St, Brighton BN1 2HE

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