Brighton Office:
01273 70 10 70
Crawley Office:
01293 40 10 40
Brighton Residential:
01273 60 10 60
Lease For Sale: Prime Retail Pitch On Pedestrianised Duke Street

9 Duke Street, Brighton, BN1 1AH

Interested in this property? Call our Brighton Office : 01273 70 10 70

Duke Street is a prime pedestriansed retail thoroughfare situated in the heart of Brighton city centre, providing a natural connection between the main retail areas of Churchill Square and the Lanes in central Brighton.

Duke Street is home to many high end national and local traders and these include many fashion outlets, eateries and recognised names such as Heal’s, All Saints, Pandora and Nando's.

Other retail outlets within close proximity include TK Maxx, the Steamer Trader Co. as well as many recognised national concerns such as Debenhams, H&M and WH Smith which form part of the Churchill Square development.

KEY FEATURES

  • Prime Duke Street Location
  • Heavy Pedestrian Footfall
  • Central Brighton
  • Established Business

The Croque Shop is an established A1/A5 retail unit in the heart of Brighton, on the bustling Duke Street. A superb opportunity to acquire an established and successful food outlet in the city centre, which includes a first floor kitchen/preparation area.

PROPERTY DETAILS

Ground Floor Retail With First Floor Kitchen 276 sq ft (25.64 m2)

ACCOMMODATION

Comprising a ground floor sales area with first floor kitchen, all arranged as follows;

Ground Floor.

  • Gross Frontage - 8'2
  • Internal Width - 9'8
  • Internal Depth - 15'7

Main sales area with some indoor seating, refurbished to a high standard with large sales window - 168 sq ft (15.6 sq m)

Staircase to,

First Floor:

Served by a half landing, with single w/c and kitchen facilities - 108 sq ft (10.0 sq m)

BUSINESS

The premises have traded for a number of years as 'The Croque Shop' and has built a successful business reputation selling seasonal food and drinks such as home made sausage rolls, pastries, toasted sandwiches and of course Croque Monsieur. Opening hours are from 8.30am to 5pm, six days a week and there is scope to extend the business hours/days and increase the food and beverage offer to increase both turnover and profits.

Full detailed accounts can be made available to bonafide applicants.

A full inventory is also available on request.

Ground Floor Retail With First Floor Kitchen To Let: £30,000 pa

Lease

A lease for a term of 15 years from 1st June 2009, expiring 1st June 2024.

Rent Review

There is a rent review every five years. Next review June 2019.

Repairing Liability

An effective Full Repairing and Insuring lease.

Premium

Offers in the region of £40,000 (forty thousand pounds) for the benefit of the leasehold interest, extensive and quality inventory and goodwill.

Business Rates

  • Billing Authority: Brighton & Hove
  • Description: Office and Premises
  • Rateable Value: £21,000
  • Rates Payable: £10,164
  • Valid from: 01 April 2010 (current)

VAT

The property has not been elected for VAT and VAT will not be charged on the terms.

Legal Fees

The ingoing tenant to pay both parties legal costs involved in the transaction.

Viewing Arrangements

Strictly via prior appointment through sole agents Graves Jenkins

CONTACT

George Dobson BSc (Hons) MRICS
dobson@gravesjenkins.com


These particulars are believed to be correct but their accuracy is not guaranteed. They do not form any part of any contract. You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement.