Cranbourne Street is a busy pedestrianised retail location only 50m from the eastern entrance of the city centre shopping mall of Churchill Square. It also lies adjacent and links the busy shopping area of West Street, the Clock Tower to North Street, Duke Street and the Lanes.
Many multiple retailers are located nearby, including Office Shoes, Timpsons, Waterstones, Thomson Travel, plus the likes of Marks & Spencer, O2 and Gap only a short walking distance away.
KEY FEATURES
- On the market for the first time in 40 years
- Popular pedestrianised trading thoroughfare
- Prime trading location - city centre
- Maisonette above
On the market for the first time in 40 years, four storey property with ground floor shop and basement and two-bedroom maisonette above.
PROPERTY DETAILS
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Four Storey Mid-Terrace Property with Maisonette Above
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598 sq ft
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(55.56 m2)
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ACCOMMODATION
A four-storey, mid terrace property, comprising ground floor retail unit with basement storage and self-contained two-bedroom maisonette on the upper floors, all arranged as follows.
Ground Floor Shop
Gross frontage 17’ 6”
Internal width 17’
Maximum shop depth (slightly irregular shape) 21’ 4”
Total retail sales area - 306 sq ft (28.4 m2)
Stairs down to
Basement Area
Room 1 10’ 5” x 18’ 187 sq ft
Room 2 9’ 8” x 9’ 1”
Side area105 sq ft
Total basement store 292 sq ft (27.1 m2)
Residential Accommodation
Self-contained rear entrance comprising:
Lounge/dining room 10’ 11” x 18’ 3”
Separate kitchen - Fitted with stainless steel, sink unit with work tops above 9’ 8” x 9’ 6”
Separate WC with low level WC with wash hand basin
Second Floor
Bedroom 1 10’ 8 “ X 11’
Bedroom 2 10’ 2 x 10’ 11”
Separate bathroom - with shower cubicle, wash hand basin and sink unit - 6’ 11” x 10’ 10”
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Four Storey Mid-Terrace Property with Maisonette Above
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To Let: £39,000 pa
For Sale: £750,000
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Lease
A new lease for a term to be negotiated on the ground floor shop and basement.
Alternatively, Freehold Price £750,000 (seven hundred and fifty thousand pounds) for both the ground floor retail shop and basement and self-contained two-bedroom maisonette over (entire building).
Rent Review
By negotiation.
Business Rates
- Billing Authority: Brighton & Hove
- Description: Shop and Premises
- Rateable Value: £19,750
- Rates Payable: £8,176.50
- Valid From: 01 April 2010 (current)
VAT
VAT may be chargeable on the terms quoted.
Legal Fees
The ingoing tenant to be responsible for both parties’ reasonable legal fees in the case of a leasehold transaction.
Viewing Arrangements
Strictly via prior appointment through Agents Graves Jenkins