Brighton Office:
01273 70 10 70
Crawley Office:
01293 40 10 40
Brighton Residential:
01273 60 10 60
Haywards Heath:
01444 45 84 44
Lease For Sale: Prime Retail Unit On Ship Street - Superb Footfall

28-29 Ship Street, Brighton, BN1 1AD

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

On a prominent corner position in the heart of Ship Street, at the foot of Dukes Street, adjacent to the entrance to Meeting House Lane/Union Street. Many noteable and established traders are closeby including Browns bar and restaurant, Fat Face, Cafe Coho, Profile and ASK restaurant. The area experiences a heavy pedestrian footfall at all times of the day/night and is in the heart of Brighton's tourist trading area.

KEY FEATURES

  • Prime Ship Street Location With Superb Footfall
  • Extensive Ground Floor Sales With Upper Parts
  • Grade II Listed With Desirable Double Frontage
  • Opposite New Ivy and Patty & Bun Restaurants

An attractive double fronted Grade II Listed building, in this very prominent, superb and high footfall Ship Street retail thoroughfare - established retail names such as Fat Face, Heals, Timberland, Peggs & Son operate in this area. A large open ground floor sales area is accompanied by upper floors of storage and office space, all flexible in their nature of use.

PROPERTY DETAILS

Grade II Listed Substantial Retail Unit With Upper Parts - Lower Ground To Second Floors 2694 sq ft (250.28 m2)

ACCOMMODATION

A hugely prominent retail unit at the very cusp of Ship Street. Large attractive bay frontage with dual access providing access into the ground floor sales area.

  • Gross frontage 40'
  • Internal Width - 30'1 max
  • Total Depth - 57'8 max
  • Total Sales Area - 1,155 sq ft max
  • Total Accommodation - 2,694 sq ft (250.2 sq m)

Ground Floor.

Further w/c and kitchenette facilities are situated to the rear, together with a small self-contained office. Air conditioning and spot lighting are throughout.

Half Landing

A single store room, with views to the rear. Some racking in part and could be used as office space. 120 sq ft (11.4 sq m).

First Floor.

A total of four separate store rooms and office accommodation with attractive bay fronted windows plus further half crescent windows overlooking the busy Ship Street thoroughfare. All rooms are fitted with recessed or spot lighting and electric storage heaters. Total accommodation - 659 sq ft (61.2 sqm)

Second Floor.

A total of five separate store rooms with attractive bay fronted windows plus further half crescent windows overlooking the busy Ship Street thoroughfare. All rooms are fitted with recessed or spot lighting and electric storage heaters. There is also a single w/c. Total accommodation - 567 sq ft (52.7 sq m).

Lower Ground Floor.

There is a basement area (access currently limited).

MEASURED SURVEY Each floor has an irregular shape and therefore each measurement and accommodation figure is shown as a guide. No scaled plans are available and purchasers should carry out their own measurements if necessary.

Grade II Listed Substantial Retail Unit With Upper Parts - Lower Ground To Second Floors To Let: £40,000 pa

Lease

A new 10 year lease term from 2018.

Rent - £40,000 per annum.

Rent Deposit - £20,000

Rent Review

Annual £1,000 increases and upwards only every five years.

Repairing Liability

Full Repairing and Insuring.

Premium

A premium is being sought at a Guide Price of £30,000 (Thirty Thousand Pounds) for the benefit of this valuable leasehold interest plus any associated fixtures and fittings.

Business Rates

Billing Authority: Brighton & Hove Description: Shop and premises Rateable Value: £51,500 Rates Payable: £25,595 Valid from 01 April 2017 (current)

VAT

The property is elected for VAT, with VAT payable on the terms quoted.

Legal Fees

Ingoing tenant to be responsible for both parties legal costs.

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.