Retail premises for sale in Queens Road, Brighton BN1, £800,000

800,000.00

Offer Nr.:
62767186
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Crickmay
Phone(s):
01403 453068

* Freehold
**Description**
The property is of concrete frame construction, having been almost completely
reconstructed in 1985. The elevations are rendered beneath a pitched roof,
behind a parapet wall with a flat crown section. Double glazed windows are in
place. The quasi office/retail unit over ground floor and basement is accessed
from both Queens Road and Church Street. Offered with vacant possession it is
presented with suspended ceilings with inset cat II lighting on the ground
floor. The basement provides additional office/ancillary space with a kitchen
and WC's. The upper floors are accessed via a separate ground floor entrance
on Church Street.
Premises may be suitable for alternative uses or residential conversion
subject to the necessary planning permissions.
**Location**
The subject property is situated in central Brighton, on the western side of
Queens Road, at its junction with Church Street, just north of the Clock Tower
and within a few minutes walking distance of Brighton’s mainline railway
station.
**Tenure**
Freehold, subject to vacant possession of the basement and ground floor. The
first and second floor offices are let to a Sky subsidiary who are not
currently in occupation on an eFRI lease for 10 years from February 2016.
Passing rental of £29, 000 per annum.
**VAT**
VAT is understood to be applicable on the terms quoted.
**Legal Costs**
Each party to be responsible for their own legal costs.
**Business Rates**
From April 2023:
Basement and ground floor - £19, 500
First floor - £13, 000
Second floor - £10, 000
With a ubr of 49. 9p in £. Small business rates relief may be available on
parts of the property subject to an occupier’s status.

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