Property for sale in 100 High Street, Rottingdean, Brighton BN2, £350,000

350,000.00

Offer Nr.:
66208916
Type of ad:
for Sale
Property type:
Property
Contact name:
Jacobs Steel
Phone(s):
01903 929415

* Prime Freehold Investment
* Popular Historic Village
* Overall income of £22, 000 pax
* Imposing Corner Location
_Location: _
Situated in Rottingdean, which is a popular and coastal village located
approximately four miles to the East of Brighton. Bordering Ovingdean,
Saltdean and Woodingdean, this Historic village is a busy tourist location and
is situated just meters away from the busy A259 coast Road. Popular occupiers
in the village include Tesco Express, Co - Op and Costa Coffee, together with
numerous independent retailers and eateries.
The premises can be found on Google Maps by typing in the following postcode
BN2 7HF:
_Description: _
This imposing corner property is situated on the busy junction of High Street
and Steyning Road. The property consists of two ground floor shops, both of
which are currently let and income producing an overall income of £22, 000 per
annum, exclusive.
_Accommodation: _
The premises have the following approximate floor areas:
North Shop: 275sqft / 25. 60sqm
South Shop: 356sqft / 33. 10sqm
Total floor area: 631sqft / 58. 70sqm
_Tenure: _
Freehold investment
_Price: _
Offers are invited in the region of £350, 000 for the freehold interest.
_Business Rates: _
North Shop: The rateable value from April 2023 provided by the Valuation
Office Agency is £4, 850. The small business rates for the financial year (2023
- 2024) is 49. 9p in the £ making the rates payable approx. £2, 420. 15.
South Shop: The rateable value from April 2023 provided by the Valuation
Office Agency is £6, 200. The small business rates for the financial year (2023
- 2024) is 49. 9p in the £ making the rates payable approx. £3, 093. 80.
_EPC: _
The South shop has an EPC rating of C - 64.
The North shop has an EPC rating of D - 83.
_VAT: _
We are informed that VAT is applicable on the terms quoted.
_Use: _
We understand the premises benefit from Class E use however, we would advise
any potential tenant to check with the Planning Department to ascertain if
their use is permitted.
_Legal fees: _
Each party is responsible for their own legal fees in this transaction.
_Viewing: _
Strictly by appointment with Sole Agents, Jacobs Steel.
_Contact: _
Leigh Doherty
Jacobs Steel - Commercial Manager
t: E:

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