Units 1-3 Isetta Square, 35 New England Street, Brighton, BN1 4GQ

For Sale : GBP 550000

Details

Property Type
Office

Description

Property Details: • Type: Office • Tenure: N/A • Floor Area: N/A

Key Features:

Location: • Nearest Station: Brighton Station • Distance to Station: 0.2 miles

Agent Information: • Address: Austin Gray LLP, 37 Vernon Terrace, Brighton, BN1 3JH

Full Description: **For Sale By Auction**

*Guide Price £550,000

Substantial vacant ground floor commercial office CLASS E over 300 m2 in central Brighton

Description Located within the 'The One Brighton Development'. An opportunity to purchase a long leasehold interest of 3 vacant offices which are being offered as a whole, but that naturally split into 3 units, subject to the necessary consents. Previously used as a Training / Educational Centre but adaptable for a number of uses.

Situation The building is situated within Isetta Square, just off New England Street. Fenchurch Walk is just a couple of minutes away offering a large Sainsbury's store and restaurants. Brighton's famous Laines with it's range of shops and restaurants is just under half a mile away, along with Brighton Mainline railway station (London Victoria 60 minutes).

Accommodation Unit 1; 86.21 sq m (928 sq ft) Unit 2; 81.85 sq m (881 sq ft) Unit 3; 133.5 sq m (1,437 sq ft)

Total Area; 301.56 (3,246 sq ft)

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

tenure Leasehold - Units 1 & 2 - 125 years from 9th November 2009 (approximately 112 years remaining) Unit 3 - 125 years from 26th March 2010 (approximately 112 years remaining) Ground Rent - Current rent £300 pa for the first 20 years, £600 pa for the second 20 years, £1,200 pa for the third 20 years, £2,400 pa for the fourth 20 years, £4,800 pa for the final 45 years

Use The office benefits from Class E Use

Rateable Value £42,250

EPC Rating D

Location

Address
Units 1-3 Isetta Square, 35 New England Street, Brighton, BN1 4GQ
City
Brighton

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Real Estate Broker
Austin Gray, Auction House Sussex
Brokerage
Austin Gray, Auction House Sussex
Profile Brokerage Website
Top Tags
Class E Use 133.5 sq m (1 437 sq ft) Unit 3
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