Lewes Road

Brighton

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439 sq ft

£12,500 pax

LOCATION
Attractive corner premises with return frontage situated on the corner of Lewes Road & Inverness Road. Lewes Road is the main Road from Brighton City centre to both Sussex & Brighton Universities as well as linking to the A27 to Lewes & Eastbourne. Nearby Occupiers include the CO-OP,

DESCRIPTION
Ground floor premises that currently trade as a letting agent. The retail space has been well fitted to provide a good level of storage space & is arranged in a L shape with a WC located to the rear of the unit.

ACCOMMODATION
Ground Floor Office 439 sq ft 40.79 sq m
Width 19'11'' (6.069 M)
Depth 28'4'' ( 8.64 M)
WC

TERMS
Available by way of assignment of existing effective full repairing & insuring lease for a term of 20 years from 21st of March 2012 at a rent of £12,500 per annum exclusive of rates, VAT & all other outgoings. Alternatively our client may consider granting a sublease for a term to be agreed.

OUTGOINGS
Rateable Value £7,400
UBR APR 2019/2020 49.1p in the £
Based on current guidelines this property should benefit from small business rate relief.

VAT
Our understanding is that the property is not elected for VAT & thus VAT is not payable on the rent, however please ask for further information.

LEGAL COSTS
Incoming tenant to make a contribution of £1500 plus VAT towards the assignor & the landlords legal costs. An unconditional undertaking to be provided at the outset.

PARKING NOTES
Parking is by permit or pay and display on the surrounding roads..

VIEWING
Through Landlords agents Eightfold Property on 01273 672999 or max@eightfold.agency.