Duke Street

Brighton

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379 sq ft

£31,000 pax

LOCATION
Located on the Southern side of Duke Street, a pedestrianised shopping street in Brighton's City Centre that links Brighton famous Lanes to Churchill Square Shopping Centre.Brighton Mainline Station & Brighton Seafront are a short walk away whilst nearby occupiers in Duke Street include Offspring, Montezuma's Chocolate, Nandos, Bangerz & Brewz, Nationwide building society & Honest Burger along with a number of impressive independent occupiers.

DESCRIPTION
An attractive retail unit arranged over ground & first floor benefitting from E class planning consent. The unit is accessed via a door on the right hand side of the unit whilst a serving hatch is situated to the left. The first floor is approached via a spiral staircase to the rear of the unit where a prep & storage area are located. The property also benefits from a roller shutter providing additional security. The existing tenant has the benefit of table & chairs outside in Duke Street which is by way of licence from the local authority at an additional charge.

ACCOMMODATION
Ground Floor -186 sq ft -17.28 sq m
First Floor - 193 sq ft -17.93 sq m

TERMS
Available by way of a new full repairing & insuring lease for a minimum term of 5 years with rent reviews at 5 yearly intervals where appropriate. Any new lease will be subject to vacant possession & an early surrender with the existing tenant which has in principle been agreed.

OUTGOINGS
Rateable Value £22,500
UBR APR 2020/21 51.2p
This property may well qualify for the 20/21 business rates holiday interested parties should make their own enquiries.

LEGAL COSTS
Incoming tenant to make a contribution of £500 plus VAT towards the landlords legal costs.

PLANNING
It is our understanding that the property benefits from Class E planning consent.

VIEWING
Through Landlords agent Eightfold Property 01273 672999 or email max@eightfold.agency