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: Prime Retail Unit in popular the North Laine area

29 Sydney Street, Brighton, BN1 4EP

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

Sydney Street is in the North Laine area of the city of Brighton. The area is a mix of independent retailers and residential dwellings. This busy retail thoroughfare is a one way road system linked by Trafalgar Street to the South and North, with parking available at the nearby Trafalgar Street Car Park. Brighton Mainline Station is approximately 5 mins walk away.

KEY FEATURES

  • Popular North Laine Thoroughfare
  • Shop with Basement, plus First & Second Floors
  • Valuable Lease For Sale
  • Busy Trading Area

An attractive retail premises in the busy North Laine area of the city, with superb footfall all year round. This prime leasehold opportunity has been an established tattooist for many years, and holds a full tatooist licence plus A1 (retail) use. The property is self-contained, with trade available over three floors together with the benefit of outside space.

PROPERTY DETAILS

Self Contained Retail Accommodation Over Four Floors With Rear Garden 973 sq ft (90.39 m2)

ACCOMMODATION

An attractive period property in the heart of the North Laine retail area of the city. The ground floor is with full service counter, exposed wood flooring, recessed lighting with access provided to upper, lower and garden areas. There is substantial window display frontage plus further single sash window to the rear.

  • Gross Frontage - 14'5
  • Internal Width - 13'10 (max)
  • Internal Depth - 23'7
  • Total Ground Floor Sales - 319 sq ft (29.6 sq m)
  • Total Accommodation - 973 sq ft (90.4 sq m)

First Floor Attractive front room with original sash window, exposed brickwork and feature fire place. Wood floors and recessed lighting. previously used for trade and art exhibition/display. - 153 sq ft . Further fitted kitchen to the rear together with newly fitted w/c.

Second Floor Spacious attic room with velux window providing views over the rear garden. - 145 sq ft (max)

Lower Ground Floor Two tattooing and piercing studios, one of which offers offers access to the rear garden level - 222 sq ft. Together with further store room plus under archway storage - 63 sq ft

Self Contained Retail Accommodation Over Four Floors With Rear Garden To Let: £16,000 pa

Lease

A 15 year lease from 28th September 2016.

Rent - £16,000 per annum exclusive.

Rent Review

Every three years. Next review September 2019.

Repairing Liability

Full Repairing & Insuring.

Premium

Guide Price £31,000 (thirty one thousand pounds) for the benefit of this valuable leasehold interest.

Business Rates

Billing Authority: Brighton & Hove Description: Shop and premises Rateable Value: £15,750 Rates Payable: £7,812 Valid from 01 April 2017 (current)

VAT

The property is not elected for VAT, therefore VAT is not chargeable on the terms quoted.

Legal Fees

Ingoing tenant to be responsible for all legal fees involved in this transaction.

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.