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: Mixed Use Freehold For Sale -Development Potential

17 Preston Street, Brighton, BN1 2HN

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

Situated towards the southern end of Preston Street and close to the junction with King’s Road and Brighton’s famous seafront promenade. This particular property is surrounded by other commercial units, largely of which include restaurants and recreational outlets such as, Copper Rooms, Siam Siam, Medusa and Adelfia. Brighton city centre, including the popular shopping area of Western Road and Churchill Square are within walking distance.

KEY FEATURES

  • Mixed Use Freehold For Sale - Vacant Possession
  • Residential Development Potential (STP)
  • Lower & Ground Floor Fitted Restaurant
  • Close To Brighton Seafront & Western Road

Preston Street has long been established as a popular location for a variety of restaurant traders, bars & pubs to operate from. The property is predominantly a mix of ground and lower floor commercial premises together with residential upper parts over two floors, with further residential development potential via reconfiguration of the existing accommodation (STP).

PROPERTY DETAILS

Ground and Lower Ground Restaurant Together With Two Floors Of Residential Accommodation 2286 sq ft (212.38 m2)

ACCOMMODATION

A mid terraced three storey previously operating as River Spice Indian Restaurant and Takeaway, with upper floors of residential accommodation;

Ground Floor Restaurant

  • Gross Frontage - 15'2
  • Gross Internal Width - 14'10 (max)
  • Total Depth - 56'3 (max)
  • Ground Floor Sales Area- 834 sq ft (77.4 sq m)

Ground Floor Restaurant- Open plan restaurant with bar area. Previously allowing for 52 covers, more possible.

Lower Ground Floor - Large fitted kitchen area (12'6 x 14'5 - 180 sq ft/16.7 sq m) with 10 ring gas hob, stainless steel preparation area and dishwasher. Separate washing up sink unit and refrigeration units (26'5 x 16'0 - 423 sq ft/ 39.3 sq m). Further inventory available on request. Further separately accessed storage room (15'7 x 8'2 - 127 sq ft/ 11.8 sq m).

Male and Female - W/c block with further cleaners stores (141 sq ft/ 13.1 sq m).

First Floor - Configured as Room One which is self contained (4.1 m x 3.0m - 132 sq ft / 12.3 sq m) with private kitchen (3.0m x 2.1m - 68 sq ft/ 6.3 sq m). There is a single w/c and shower (3.0m x 1.4m - 45 sq ft / 4.2 sq m). There are also two further room's, Room Two (3.0m x 3.0m - 97 sq ft / 9 sq m) and Room Three (3.8 m x 4.5m max - 184 sq ft/ 17.1 sq m).

Second Floor - Two further rooms; Room 4 (3.0m x 3.0m - 97 sq ft / 9 sq m) and Room 5 (4.5m max x 5.5m max - 267 sq ft/ 24.8 sq m).

NB: There is a access also available from Little Preston Street.

TENURE

The freehold is available with vacant possession at a Guide Price of £450,000 (Four Hundred And Fifty Thousand Pounds).

Ground and Lower Ground Restaurant Together With Two Floors Of Residential Accommodation For Sale: £450,000

Business Rates

  • Billing Authority: Brighton & Hove
  • Description: Restaurant and premises
  • Rateable Value: £18,250
  • Rates Payable: £9,070
  • Valid from 01 April 2017 (current)

VAT

The property is not elected for VAT.

Legal Fees

Each party to pay their own legal fees involved in the transaction.

Viewing Arrangements

Strictly via prior appointment through sole agents Graves Jenkins.

CONTACT

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.