WELL PRESENTED LOCK UP SHOP TO LET IN POPULAR NORTH LAINE LOCATION- LEASE FOR SALE BY ASSIGNMENT

 

Summary

  • RENT £17,000 PAX
  • PREMIUM £15,000
  • DESIRABLE NORTH LAINE LOCATION
  • WELL PRESENTED SPACE

Accommodation

The accommodation comprises the following areas:

Namesq ftsq m
Ground - Sales Area 297 27.59
Basement - Storage & office 321 29.82
Total61857.41
29 Trafalgar Street - IMG_7212.jpg

Location

The property is situated on the southern side of Trafalgar Street in a central position within the eclectic & popular North Laine. Brighton Station is only a minute or two's walk away whilst the property is also surrounded by an array of fantastic businesses such as the North Laine Café, Real Patisserie, Lush Mange Tout, Trading Post & The Brighton Toy & Model Museum.

Get directions from Google Maps

Further Information

Rent £17,000 per annum per annum exclusive payable quarterly in advance.

Rates Payable £5,738.50 per annum 2023 valuation. As the RV is below £12,000 subject to conditions an incoming tenant could qualify for 100% small business rates relief.

EPC Rating This property has been graded as D (83)


Description

A well presented lock up shop unit arranged over ground floor & basement. The ground floor comprises an attractive open plan retail space which leads to the basement via a staircase at the rear of the property. The basement is arranged as 2 rooms& a WC that are accessed via a hallway.

Terms

Premium offers are invited in the region of £15,000 for an assignment of the existing effective full repairing & insuring lease for a term of 10 years from the 10th of August 2023 at a rent of £17,000 per annum exclusive. Subject to status the landlord will require a rent deposit & an adequate guarantee from the incoming tenant.

AML & Referencing

Anti money laundering searches will be required & charged at a cost of £50 plus VAT for each party requiring whilst referencing will be at a cost of £75 plus VAT as required.