Brighton Office:
01273 70 10 70
Crawley Office:
01293 40 10 40
Brighton Residential:
01273 60 10 60
Haywards Heath:
01444 45 84 44
For Sale: Rare Freehold For Sale

11 Coombe Road , Brighton, BN2 4EB

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

Situated just off of Lewes Road, one of the main roads leading into and out of Brighton City Centre, is this end of terrace mixed use property on Coombe Road. The premises serves the highly densely populated residential area that surrounds, but also the wider Brighton and Hove area. A mix of both multiple and local traders, including Machine Mart and Kwik Fit can be found a short distance away and the newly refurbished Pavilion Retail Park is close by.

KEY FEATURES

  • Freehold For Sale - Income Producing
  • Development Potential (STP)
  • Prime Residential Location
  • Good access to Brighton City Centre

An end of terrace freehold building comprising a ground floor cafe with self contained two bedroom flat over for sale. The property has the benefit of income from the residential part and either income or vacant possession on the ground floor commercial. Ideal owner/occupation or investment purchase.

PROPERTY DETAILS

Ground Floor Cafe Together With Two Floors Of Residential Accommodation 1346 sq ft (125.05 m2)

ACCOMMODATION

An end of terrace freehold property, with upper floors of residential accommodation compromising;

Ground Floor Retail

  • Gross Frontage - 17'
  • Gross Internal Width - 16'04 (max)
  • Total Depth - 50'5 (max)
  • Ground Floor cafe - 690 sq ft (64.1 sq m)

Ground Floor - Open plan cafe area with rear counter server and fully equipped kitchen and full extraction system. Commercial Laminate flooring is throughout with large glass frontage and free standing table and chairs, allowing for 50 covers.

SELF CONTAINED TWO BEDROOM FLAT

A self contained two bedroom maisonette flat, with first floor entrance on Dewe Road leading to;

First Floor

  • Living room - 9’ 9” x 16’ 3” - dual aspect with double glazed bay window, spot lighting and wood effect laminate flooring.
  • Kitchen - 9’ 4" x 13’ - range of floor and wall mounted units, double glazed window to front.
  • Bathroom - 6' 8" x 6' 6" - white suite comprising bath, pedestal wash hand basin and W.C.
  • Second bedroom - 8’ 6” x 10’ double glazed.

Stairs to second floor

  • Master Bedroom - 15’ x 16’ 3” - double glazed window and fully carpeted.

TENANCY

Flat - We have been informed that the residential part is leased on an AST at a rent of £600 per calendar month. Full details to be sent through and will be available on request.

REAR FORECOURT

Large rear forecourt currently used for storage purposes. There is the possibility of of development, subject to any relevant planning permission being gained.

PRICE

Offers are invited on our asking price of £350,000 (three hundred and fifty thousand pounds) for the Freehold interest, with income from the residential part and either income or vacant possession on the commercial.

Ground Floor Cafe Together With Two Floors Of Residential Accommodation For Sale: £350,000

Business Rates

  • Billing Authority: Brighton & Hove
  • Description: Cafe and Premises
  • Rateable Value: £6,000
  • Rates Payable: £2,946
  • Valid from: 2019 (current)

VAT

The property may be elected for VAT and therefore VAT may be payable on the term quoted.

Legal Fees

Each party to be responsible for their own legal fees.

Viewing Arrangements

Strictly via prior appointment through sole agents Graves Jenkins

CONTACT


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.