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St Augustine’s Business & Cultural Centre 8A Florence Rd 14,634 sq ft 100% Let Retail Property Brighton BN1 6DJ £7,000,000 (£478.34/sq ft) 5.02% Net Initial Yield
Executive Summary
An additional lease for the ground floor is expected to be firmed-up before the exchange of contracts, and the estimated rental value (ERV) indicates clear potential for increased income beyond current passing rent levels.
The transaction position clarifies that the property is available for sale as a freehold investment with tenants in situ.
It is sold as seen, and a straightforward legal pack is available.
This opportunity is ideal for private investors, family offices, or funds, and the process can proceed on a defined timetable.
The asset is currently marketed through retail and trade channels to secure the most suitable buyer.
The ideal buyer profile includes income-focused investors, family offices seeking stable yields, mixed-use property investors, and those looking for exposure to the Brighton market.
It is also well-suited for investors familiar with operational assets.
Enquiries are invited from serious purchasers who can demonstrate funding capability and a clear acquisition strategy.
Guide Trade Price £7,000,000
Further information, tenancy details, and legal documentation are available to qualified parties upon initial contact.
The transaction position clarifies that the property is available for sale as a freehold investment with tenants in situ.
It is sold as seen, and a straightforward legal pack is available.
This opportunity is ideal for private investors, family offices, or funds, and the process can proceed on a defined timetable.
The asset is currently marketed through retail and trade channels to secure the most suitable buyer.
The ideal buyer profile includes income-focused investors, family offices seeking stable yields, mixed-use property investors, and those looking for exposure to the Brighton market.
It is also well-suited for investors familiar with operational assets.
Enquiries are invited from serious purchasers who can demonstrate funding capability and a clear acquisition strategy.
Guide Trade Price £7,000,000
Further information, tenancy details, and legal documentation are available to qualified parties upon initial contact.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
14,634 sq ft
Costar Property Class
B
Year Built
1915
Price
£7,000,000
Price per sq ft
£478.34
Yield
5.02%
NOI
£351,367
Occupancy Rate
100%
Number of Floors
4
Plot ratio
0.65
Total Plot Size
0.52 ac
Frontage
68 ft on Stanford Avenue
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Nearby Major Retailers
1 of 39
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Presented by
Roche Barrett Estates
St Augustine’s Business & Cultural Centre | 8A Florence Rd
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