11 St. James's Street Brighton
£24,500 per annum
- Rent £24,500 pax
- Premium £25,000
- Great trading location
The property is currently arranged over two floors as a café/coffee shop, with a stylish finish throughout, including parquet wooden floors, a spiral staircase and feature lighting. There are also impressive WC facilities on site.
The property is situated towards the western end of St James Street, which serves as a popular commercial area and thoroughfare for the Kemp Town area of Brighton. Popular local operators include Purezza (next door), Social Board, and Redroaster showing strong local offerings, as well as larger national operators including Boots and Morrisons. The location is also particularly popular due to its proximity to Brighton Seafront where the recent addition of Soho House is situated.
Available by way of a new effective full repairing & insuring lease for a term of 10 years at a rent £24,500 per annum exclusive.
A premium of £25,000 will be required in consideration for fixtures & fittings. This will exclude the coffee machine & 2 coffee grinders which will be available to purchase for £12,000 & £3,000 each respectively. Our client will also require a separate buy back agreement for the coffee machine & grinders.
A rent deposit will be required subject to status of the incoming tenant.