Duke Street

Brighton

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£495,000

LOCATION
The property is located on the Southern side of pedestrianised Duke Street in Brighton City Centre linking Churchill Square Shopping Centre to the Lanes . Brighton Seafront is a few minutes walk away, whilst other attractions such as the North Laine & the Pavilion are also nearby.Nearby occupiers include Nandos, Browns, The Ivy & Montezumas Chocolates, along with a host of other exciting independent occupiers.

DESCRIPTION
An attractive 2 storey retail unit arranged over ground & first floor with a hatch frontage. The property is let to Mr & Mrs Barlow t/a Ben's Cookies by way of a 15 year lease from 17 November 2006 at a rent of £29,000 per annum exclusive.

ACCOMMODATION
Ground floor 186 sq ft (17.31 sq m)
1st floor 193 sq ft (17.11 sq m)

TERMS
Offers are invited for the freehold interest subject to the existing tenancy in the order of £495,000 which reflects a 5.6% in respect of 10 Duke Street after purchasers costs.

OUTGOINGS
10 Duke Street Rateable value £22,500 UBR 49.01 (April 2019/ 2020)

LEGAL COSTS
Each side to pay their own legal costs.

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