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 A1 Retail Unit In The North Laine

23 Gardner Street , Brighton, BN1 1UP

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

Gardner Street is in the heart of Brighton's North Laine shopping area linked to Bond Street to the south and Kensington Gardens to the north, the thoroughfare plays a vital part in the retail success of the North Laine area. Nearby local retailers include Infinity Foods, Jump the Gun, Hell's Kitchen, Moda Soda and Gelato Gusto, whilst entertainment venue Komedia is diagonally opposite. There are also a host of popular restaurants, cafes and public houses. Brighton mainline station is a short walking distance away.

KEY FEATURES

  • Prime Brighton North Laine Location
  • Superb Footfall & Surrounded By Independent Traders
  • Upper Parts Consist Of A Self Contained Two Bed Flat
  • 4x4 Metre Outside Trading Area

An opportunity to acquire this prime leasehold opportunity in the popular and thriving shopping thoroughfare of Gardner Street, in the heart of Brighton's North Laine with traders Photom & Cornish Pasty Shop adjoining. The availability is due to relocation of the successful business. There is a privately accessed self-contained flat on the upper parts, which is currently let out.

PROPERTY DETAILS

Prime Retail Shop With Residential Upper Parts 621 sq ft (57.69 m2)

ACCOMMODATION

An attractive property in the heart of the North Laine retail area of the city. The ground floor is with a small service area, tilled flooring, spot lighting and access is provided to the lower ground floor and covered outside rear area with access onto Orange Row. There is substantial window display frontage. A 4x4 metre outside trading area is also available twice per week.

  • Gross Frontage - 11'0
  • Internal Width - 11'2 (max)
  • Total Depth - 30'0 (max)
  • Total Accommodation - 621 sq ft (57.7 sq m)

Ground Floor Sales Area- 339 sq ft (31.4 sq m) Currently configured as a mostly open plan retail unit, with tilled flooring throughout and spot lighting. There is a further covered outside rear kitchenette and W/C facility.

Lower Ground Floor: Storage only. - 282 sq ft (26.1 sq m)

SEPARATELY ACCESSED TWO BEDROOM FLAT

A self contained two bedroom flat with private entrance, with stairs leading up to the first floor open plan kitchen (73 sq ft) and living area (297 sq ft) and bathroom (56 sq ft).

Further stairs take you to the first (70 sq ft) and second (270 sq ft) bedrooms.

NB. The rental income from the flat is available on request. Our client has told us that the tenants are on a short term, monthly rolling contract.

Prime Retail Shop With Residential Upper Parts To Let: £23,000 pa

Lease

A new Full Repairing and Insuring lease for 10 years from 2015.

Rent - £23,000 per annum, exclusive.

Rent Review

Every five years.

Repairing Liability

Full Repairing & Insuring.

Premium

Guide price of £40,000 (Forty Thousand Pounds) for this valuable leasehold interest.

Business Rates

  • Billing Authority: Brighton & Hove
  • Description: Shop and Premises
  • Rateable Value: £15,000
  • Rates Payable: £6,900
  • Valid from: April 2017 (current)

VAT

The property may be elected for VAT, therefore VAT may be payable 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]

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.