Preston Street

Brighton

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1406 sq ft

£40,000 pax

LOCATION
Situated on the Western side of Preston Street in a central position close to the junction with Regency Square. Brighton seafront and the i360 are a short walk away whilst Western Road shopping thoroughfare is to the north where occupiers such as Waitrose, Argos , McDonald’s, Café Nero & Primark are located.

DESCRIPTION
A four storey office building which our clients have instructed to market either as whole or alternativley as 2 units comprising Ground floor & basement, which could potentially be used for retail (STPC) and/ or 1st & 2nd floors as office space.

ACCOMMODATION
Ground & lower ground floor unit
Ground floor 359 sq ft (33.35 sq m)
Lower Ground floor 365 sq ft (33.91 sq m)

1st & 2nd Floor offices
1st Floor 354 sq ft (32.89 sq m)
2nd floor 328 sqft (30.47 sq m)

TERMS
Available by way of a new effective full repairing & insuring lease for a term of at least 3 years at a rent of £21,500 pax for the ground floor & basement and/ or £18,500 pax for the 1st & 2nd floor offices

OUTGOINGS
Rateable value £13,250 UBR 49.01p (April 2019/2020). This figure is for the whole building & will be reassessed if the building is split.

LEGAL COSTS
The incoming tenant to make a contribution of £500 plus VAT towards the landlords legal fees.

SERVICE CHARGE
In the event of a letting of part a service charge will be put in place.

VIEWING
Thrrough landlords agents Eightfold Property on 01273 672999 or email max@eightfold.agency