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

1 Wilmington Parade, Brighton, BN1 8JJ

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

Situated just off of Carden Avenue and Wilmington Way, is this end of terrace mixed use property on Wilmington Parade. The premises serves the highly densely populated residential area that surrounds, but also the wider area. Local traders located in the same parade include, Patcham Charcoal Grill, Wilmington Convenience Store and Belle Hair & Beauty. The Long Man Public House is directly opposite and Patcham Junior School and High School is approximately a 5 minute walk away.

KEY FEATURES

  • Freehold For Sale
  • Shop/Restaurant with s/c Flat over
  • End of Parade
  • Good Access into Brighton City Centre/A23

An end of terrace freehold building comprising a ground floor retail unit with self contained one bedroom flat over for sale. Formerly restaurant premises at ground floor. There is also the possibility to extend or redevelop the southernmost end of the building into further commercial and residential accommodation over, subject to the necessary consents.

PROPERTY DETAILS

Ground Floor retail/restaurant with 1 Bedroom Flat Over 990 sq ft (91.97 m2)

ACCOMMODATION

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

Ground Floor Retail

  • Gross Internal Width - 56' 9" (max) divided into two areas
  • Total Depth - 29' 6" (max)
  • Ground Floor Retail - approximately 990 sq ft

Ground Floor - Open plan area with part tiled and wood flooring throughout, air conditioning plus heating, spot lighting and floor to ceiling large glass frontage. Part of the accommodation is a conservatory style extension with full glass roof. Rear access is also provided.

SELF CONTAINED ONE BEDROOM FLAT

A self contained one bedroom flat, with first floor entrance located to the rear of the property leading to;

First Floor

  • Living room
  • Kitchen
  • Bathroom
  • Master bedroom

RESIDENTIAL ACCOMMODATION

The flat is self contained and until recently occupied. It can be leased again for income purposes at an estimated £850 pcm (guide only).

PRICE

Offers are invited on our asking price of £345,000 (three hundred and forty five thousand pounds) for the Freehold interest, with income from the residential part and vacant possession on the commercial.

Ground Floor retail/restaurant with 1 Bedroom Flat Over For Sale: £345,000

Business Rates

Business Rates to be assessed.

VAT

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