306 Ditchling Road, Brighton, BN1 6JG
For Sale : GBP 200000
Details
Property Type
Commercial Property
Description
Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A
Key Features:
Location: • Nearest Station: London Road (Brighton) Station • Distance to Station: 0.5 miles
Agent Information: • Address: Austin Gray LLP, 37 Vernon Terrace, Brighton, BN1 3JH
Full Description: **For Sale By Auction on Thursday 30 January 2025**
*Guide Price £200,000
Freehold Commercial Investment - Producing £15,600 Per Annum
Description The property forms part of a terrace on the east side of Ditchling Road. This two storey building consists of a ground floor retail unit, currently let at £15,600 per annum to Fiveways Fruits, and a first floor self contained flat - which has been sold off on a long lease.
Situation The property is located in popular 'Fiveways', approximately 2 miles from Brighton City centre with its range of amenities along with Brighton seafront & promenade. Both Blaker's Park and Preston Park are within walking distance, as is London Road railway station with links to Brighton and Preston Park railway station,(London Victoria 62 minutes).
Location Pin (What3Words): added.abode.only NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY
Accommodation Retail space - 20 Internal storage - 27 WC Total Floor Area - 47 sq.m.
Tenure Freehold Rent The ground floor shop is let to Fiveways Fruits on a 10 year lease expiring 01 January 2033 with a current rent of £15,600 pa.
Lease The first floor flat is sold off on a long lease, with the term expiring on 22 June 2195 with a peppercorn ground rent. Rateable Value - £7,400 EPC Rating CBrochuresLegal Documents
Location
Address
306 Ditchling Road, Brighton, BN1 6JG
City
Brighton
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Real Estate Broker
Austin Gray, Auction House Sussex
Brokerage
Austin Gray, Auction House Sussex
Profile Brokerage WebsiteTop Tags
600 Per AnnumLikes
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