Brighton Office:
01273 70 10 70
Crawley Office:
01293 40 10 40
Brighton Residential:
01273 60 10 60
Haywards Heath:
01444 45 84 44
For Sale: Freehold - Nightclub/Bar & Residential Upper Parts

31 Old Steine, Brighton, BN1 1EL

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

The property is situated in a prime location fronting the Old Steine Gardens, with the Lanes, Brighton Pier and The Royal Pavilion within close proximity. Churchill Square Shopping Centre, the North Laine and Brighton Station are all within a 10 minute walking distance.

Local cafes and restaurants can be found on St James's Street. The main arterial road link, the A259, is easily accessible with local bus routes providing access East and West along the coast.

KEY FEATURES

  • Four Storey Period Building
  • Overlooking The Steine Garden
  • Fitted Club and Refurbished Holiday Apartments
  • Sea views & Close To Brighton Seafront

A prominent four storey period building overlooking Steine Gardens and the seafront, comprising private members bar arranged over ground, lower ground and part first floor together with three refurbished studio apartments and two rooms with shower facilities. A unique opportunity for an incoming owner occupier or investor to acquire a prime central Brighton freehold.

PROPERTY DETAILS

Nightclub/Bar 720 sq ft (66.89 m2)

ACCOMMODATION

Four storey building with lower ground floor and upper parts.

Lower ground floor - 224 sq ft (20.8 m2)
Ground floor - 425 sq ft (39.4 m2)
First floor - 71 sq ft (6.6 m2)

Total Commercial Accommodation - 720 sq ft (67 m2)

Second and third floor studio apartments are let at £735 pcm and the first floor studio balcony flat is let at £700 pcm. Two further rooms with fitted shower rooms are currently vacant. All on six month AST.

AMENITIES

  • Fully fitted licenced nightclub and bar
  • Newly refurbished studio apartments
  • Private entrance for Nightclub/Bar and studio apartments
  • Sea views
  • Pavement licence for outside seating

FREEHOLD

The freehold is available at a guide price of £850,000 (Eight Hundred and Fifty Thousand Pounds), on an unconditional basis.

Nightclub/Bar For Sale: £850,000

Business Rates

  • Billing Authority: Brighton & Hove
  • Description: Cafe & Premises
  • Rateable Value: £9,100
  • Rates Payable: £4,240
  • Valid from: 01 April 2017 (current)

  • Billing Authority: Brighton & Hove

  • Description: Self catering holiday units and premises
  • Rateable Value: £7,800
  • Rates Payable: £3,634
  • Valid from: 01 April 2017 (current)

VAT

The building is not elected for VAT.

Legal Fees

Each party to be responsible for their own legal costs.

Viewing Arrangements

Strictly via prior appointment through sole agents Graves Jenkins.

CONTACT

Phil Graves
[email protected]

James Haywood
[email protected]

Angela Gregory
[email protected]


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.