St James's Street

Brighton

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215 sq ft

£675,000

LOCATION
Mixed-use retail and residential premises situated at the Eastern end of St James's Street on the Southern side of the
road on the corner of Atlingworth Street close to the junction of Upper & Lower Rock Gardens. The Royal Sussex Hospital is a few minutes walk away which is nearing completion of major works to the university hospital. Nearby Occupiers include The Sidewinder Bar, Curry Leaf Café, Al Forno & Metrodeco.

DESCRIPTION
An attractive 5 storey corner building comprising a class E premises at ground floor level that has been recently refurbished along with an HMO arranged at basement, 1st,2nd & 3rd floors & a parking space to the rear. The HMO comprises 6 rooms (4 en-suite) 1 further bathroom & communal area. It should be noted the planning permission for the property is for 5 bedrooms, however, has been licensed as a 6-bedroom HMO. We are advised that the residential element previously producing an income of £42,000 per annum whilst the ground floor is available to let at £11,000 PAX. If let at these levels projected income would be £53,000 per annum.

ACCOMMODATION
Commercial
Ground Floor Shop 215 Sq Ft 19.97 Sq M
Net Frontage 13’8’’ 4.16 M
Gross Frontage 14’7’’ 4.44 M
WC / Kitchen
Residential
6 rooms (4 en suite)
Kitchen/ Lounge/ diner
shower room
Parking space

OUTGOINGS
Rateable Value: £5,300
UBR April 2019/2020 49.1 p

LEGAL COSTS
Each side to be responsible for their own legal costs.

PARKING NOTES
A Parking space is located to the rear of the property.

OTHER
The property has an ND EPC rating of D95 for the commercial element.
Certificate number 0050-8284-0390-5620-3080
The certificate can be viewed at www.ndepcregister.com

The energy efficiency rating for the residential element of the property is E46
RESIDENTIAL Certificate Reference Number: 0522-2866-7486-9894-3705
A full copy of the report can be found at www.epcregister.com

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