Brighton Office:
01273 70 10 70
Crawley Office:
01293 40 10 40
Brighton Residential:
01273 60 10 60
Haywards Heath:
01444 45 84 44
Under Offer: Hostel In The North Laine With A1/A3 Potential

29-30 North Road , Brighton, BN1 1YB

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

The property is located in a prominent position on the fringes of the popular North Laine district of Brighton city centre. The area is renowned for both shopping and eating out and is heavily populated by tourists and locals alike. The property is located on the southern side of North Road, leading onto the main London Road A23 providing direct access out of the city.

KEY FEATURES

  • Hostel With Potential For A1/A3 Uses
  • Central Brighton Positioning In The North Laine
  • Prominent Corner Location
  • Minutes From Brighton Station

The Grapevine Hostel, used widely by backpackers, has been successfully run by the occupiers since 1999 and offers a new tenant the opportunity to take over this unique dwelling with a variety of potential configurations and uses available. The two buildings are linked and retain many period features throughout. There is an outside area and further connected garage.

PROPERTY DETAILS

Lower Ground - Third Floor Hostel Accommodation 3343 sq ft (310.57 m2)

ACCOMMODATION

29 and 30 North Road are linked throughout the ground floor in a split level configuration, however the lower ground floor areas and hostel upper parts are accessed separately, with six rooms over each building with 12 rooms in total. Comprising of lower ground to third floors as follows:

Ground Floor - Retail/Restaurant Area

  • Gross Frontage 32'8
  • Internal Width Maximum 30'5
  • Total Depth Maximum 25'2
  • Total Ground Floor Area - 639 sq ft (59.3 sq m)

29 North Road

Entrance via the eastern end of North Road. Currently configured as the reception area with access to hostel upper parts. Stairs rise into 30 North Road's ground floor demise, where access is provided into a shared dining area and kitchen. 313 sq ft (29.0 sq m)

Lower Ground Floor - Storage Rooms Separately accessed conforming of of two connecting room, fully carpeted throughout with lighting. Fusebox and electric meters are located here. 317 sq ft in total (29.4 sq m).

Patio - Covered and self contained patio area with further lower ground floor store. 132 sq ft (12.2 sq m)

Garage - Connected via patio area.

Hostel Rooms - Six rooms in total arranged over first to third floors;

  • Room 1 - 112 sq ft
  • Room 2 - 196 sq ft
  • Room 3 - 112 sq ft
  • Room 4 - 196 sq ft
  • Room 5 - 177 sq ft
  • Room 6 - 84 sq ft

There is a single w/c at first floor level, double shower at second floor level and gents w/c at third floor level together with a further store room.

30 North Road

Entrance via the western end of North Road. Currently configured as casual seating area with access to hostel upper parts. Access is provided into a currently configured dining room and kitchen area. Stairs fall into 29 North Road's ground floor demise. 326 sq ft (30.2 sq m)

Lower Ground Floor - Laundry Room and Further Store A large laundry room with racked storage 191 sq ft (17.7 sq m). A further store room is also available 176 sq ft (16.3 sq m).

Hostel Rooms - Six rooms in total arranged over first to third floors;

  • Room 11 - 132 sq ft
  • Room 12 - 217 sq ft
  • Room 13 - 130 sq ft
  • Room 14 - 217 sq ft
  • Staff Room - 121 sq ft
  • Room 16 - 155 sq ft

There is a bathroom at first floor level, double shower at second floor level with a further store room at third floor level.

Lower Ground - Third Floor Hostel Accommodation To Let: £38,000 pa

Lease

Two separate leases both for a term of 15 years from July 2010.

Rent 38,000 per annum exclusive.

Rent Review

Every third anniversary of the term.

Repairing Liability

Full Repairing and Insuring.

Premium

OIRO of £50,000 (fifty thousand pounds) are being sought for the leasehold interest, fixtures and fittings together with goodwill. A full inventory is available upon request.

Business Rates

  • Billing Authority: Brighton & Hove
    • Description: Guest house and premises
    • Rateable Value: £26,250
    • Rates Payable: £12,075
    • Valid from 01 April 2017 (current)

VAT

VAT may be chargeable on the terms quoted.

Legal Fees

The ingoing tenant to be responsible for all legal costs.

Viewing Arrangements

Strictly via prior appointment through sole agents Graves Jenkins.

CONTACT

Phil Graves
[email protected]

George Dobson BSc (Hons) MRICS
[email protected]

James Haywood
[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.