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

62 Queens Road, Brighton, BN1 3XD

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

Situated on the west side of Queens Road, less than 100m from Brighton mainline station and within one of Brighton's busiest commercial thoroughfares.

Queens Road offers a mix of retail, hospitality, food outlets and bespoke businesses at ground floor level with the majority of the upper parts being office accommodation. The location is renowned for its corporate offices with many major occupiers within a short distance and multiple names including Budgens, Fitness First, Ibis Hotels and many more.

Queens Road is the main route from the station to the Churchill Square shopping centre.

KEY FEATURES

  • Close to Brighton Station
  • Retail Unit with Upper Parts
  • Potential for Residential Consent on Upper Parts
  • Freehold For Sale or May Let

A unique freehold interest available of city centre commercial premises which have the potential to convert the upper floors to a single maisonette, subject to planning.

Or a new lease can be granted with the option of subletting the second floor.

PROPERTY DETAILS

Ground, lower ground, first and second floors 1137 sq ft (105.63 m2)
Ground, Lower Ground, First & Second Floors 1137 sq ft (105.63 m2)

ACCOMMODATION

Imposing building with wood panelled frontage and 'live' wall with the accommodation comprising ground, lower ground and to upper floors all arranged as follows;

Ground Floor Retail Coffee Shop

Gross Frontage 16' 6"

Internal Width 16' 2"

Total Depth 22' 2"

Ground Floor Area 312 sq ft.

Casual seating arrangement with servery area, coffee machine, glass fronted display, ceiling/spot lighting and open face brick wall. Free standing tables and chairs.

Rear kitchen/preparation/wash area.

Customer WC accomodation on half landing.

Lower Ground Floor

Front 12' 1" x 10' 4" - 125 sq ft

Rear 12' 9" x 10' 2" - 130 sq ft

First Floor retail seating area - 290 sq ft.

Well decorated throughout including electric heating, wooden flooring, open face brickwork walls, large mirrors and low lights.

Second Floor offices/stores made up of two rooms -

16" 3" x 10' 4" - 168 sq ft

10' 7" x 10' 6" - 112 sq ft

BUSINESS

The current business trading as wellbean commenced trading early 2020 and management figures are available on request taking into account the Covid opening. A full inventory is available.

TERMS

The freehold interest is available with full vacant possession with or without the business fixtures and fittings at an asking price of £550,000 (five hundred and fifty thousand pounds), subject to contract.

OR a new lease can be granted at a commencing rental of £27,000 per annum, exclusive with a premium for the existing business goodwill, fixtures and fittings of £25,000.

  • There is a possibility of the existing owner to rent the second floor by arrangement.

PLANNING POTENTIAL

Proposals have been drafted to potentially change the use of the upper two floors into residential, subject to the necessary consents. Plans attached to these details.

Ground, lower ground, first and second floors For Sale: £550,000
Ground, Lower Ground, First & Second Floors To Let: £27,000 pa
For Sale: £25,000

Lease

For a term to be negotiated.

Rent Review

By negotiation.

Repairing Liability

Full repairing & Insuring.

Premium

Guide Premium of £25,000 (twenty five thousand pounds only) for the benefit of the business goodwill and all fixtures and fittings (inventory available).

Business Rates

Brighton & Hove City Council

Cafe and premises

1st April 2017 onwards

Rateable Value £14,500

VAT

The property is not elected for vat and therefore vat will not be payable on the sale price.

Legal Fees

Each party to be responsible for their own legal costs.

Viewing Arrangements

Strictly via prior appointment through sole agents Graves Jenkins

CONTACT

Oliver Graves MBA
oli@gravesjenkins.com


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.