Summary

Property Type Retail
Tenure Lease Assignment
Size 945 sq ft
Rent £19,000 per annum per annum exclusive of rates, service charge VAT & all other outgoings.
Rates Payable £4,990 per annum The property may qualify for 100% small business rate relief, interested parties should make their own enquiries to confirm.
Service Charge The tenant will be responsible for 50% of repairs to the structure of the building as required.
EPC Rating This property has been graded as D (84)
  • Rent £19,000 PAX
  • Desirable Fiveways location
  • Split level premises
  • Feature window
  • To let by way of assignment of existing lease

About

A charming retail unit arranged over ground, upper ground, lower ground & basement levels with a WC situated at lower ground floor. Formerly a chemist for many years features include 2 feature stain glass & leaded windows above the main shop windows.

138 Preston Drove, Brighton, Retail Lease Assignment - IMG_3033.JPG

Accommodation

Namesq ftsq m
Ground 338 31.40
Upper Ground 163 15.14
Lower Ground 163 15.14
Basement 281 26.11
Total94587.79

Location

The subject premises is situated on the southern side of Preston Drove, close to the Fiveways junction with Ditchling Road, Stanford Avenue & Hollingbury Road. Nearby occupiers also include Rustico, Fiveways Arts & Crafts, Tilt, Wigwam & The CO-OP

Get directions from Google Maps

138 Preston Drove - IMG_3049.JPG

Further Information

  • Terms

    Available by way of assignment of existing effective full repairing & insuring lease for a term of 5 years from February 2022. The lease is excluded from sections 24-28 of the landlord & tenant act 1954.

  • Trading Hours & Use

    The lease restricts trading hours to 9am & 6pm Monday to Saturday inclusive. The property is allowed to be used as a high end furniture shop with ancillary sale of gifts, accessories & clothing within Use Class E. Any other use subject within class E subject to the landlords discretion.

  • Premium

    Premium offers are invited in the region of £5,000 for the leasehold interest.