Description
Currently operating as a retail/gift store, this premises benefits from a versatile 'E Class' classification, allowing for a wide variety of potential uses.
The premises is ready for immediate occupation, offering an attractive opportunity for businesses seeking a prime location.
Key Features
- Prime Location in Brighton’s Iconic Lanes District
- High Footfall Area with Diverse Customer Base
- Surrounded by Prominent Neighbouring Tenants
- Versatile ‘E Class’ Use with Double Shop Frontage
Accommodation
The Ground Floor is arranged as follows:
- Internal Width: 15'7"
- Total Depth: 18'4"
- Floor to ceiling Height: 2.91 meters
Total Accommodation: 286 sq ft (26.6 m2)
Key features include a prominent double shop frontage, wood laminate flooring, and modern LED track lighting, making the space both functional and visually appealing.
Lease
A lease which runs for 10 Years ending on (and including) 8th January 2033 - Inside the Landlord and Tenant Act 1954, Part II (as amended).
Tenant-only Break Option (given 6 months' written notice) available January 2027.
Passing Rent: £20,000 per annum, exclusive (payable in advance on the usual quarter days).
Rent Review
Every fifth anniversary from the commencement of the lease (January 2028).
Repairing Liability
Full Repairing and Insuring by way of service charge contribution.
Business Rates
Billing Authority: Brighton & Hove
- Description: Shop and premises
- Rateable Value: £16,750.00
- Rates Payable:
- Valid from April 2023 (current)
VAT
The building has been elected and therefore VAT will be payable on the terms quoted.
Legal & Professional Costs
Each party is to pay for their own legal and professional fees incurred.
Viewing Arrangements
Strictly via prior appointment through Joint Sole Agents Graves Jenkins (t: 01273 701070) and Graves Son & Pilcher (t: 01273 321123)