RETAIL UNIT TO LET BY WAY OF ASSINGMENT IN BRIGHTON'S COSMOPOLITAN NORTH LAINE
Summary
- RENT - £17,500 PAX
- PREMIUM - £5,000
- DESIRABLE NORTH LAINE LOCATION
- SUITABLE FOR A VARIETY OF USES
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m |
| Ground | 395 | 36.70 |
| Basement | 82 | 7.62 |
| Total | 477 | 44.32 |
Location
The property is located in Brighton's popular & eclectic North Laine. Brighton station is a short walk to the north east, with Churchill square to the southwest and the beach to the south. The property is located on Kensington Place, a thoroughfare connecting Gloucester Road and Trafalgar Street. Nearby occupiers include Fatto a Mano, La Choza, The Pond, Five Guys and Tesco Express.
Get directions from Google Maps
Mainline Stations
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Brighton3 mins
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London Road (Brighton)12 mins
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Preston Park28 mins
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Hove29 mins
Underground Station
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Caterham609 mins
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Tadworth624 mins
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Kingswood626 mins
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Whyteleafe South637 mins
Further Information
Rent £17,500 per annum exclusive of rates, VAT & all other outgoings
Rates Payable £4,990 per annum This property sits below the threshold for small business rate relief & as such could qualify for 100% small business rate relief subject to status.
Service Charge A service charge will be payable based on a fair proportion of expenditure on the building.
EPC Rating This property has been graded as C (59)
Description
Comprising a retail unit arranged over ground floor & basement within a picturesque building that also benefits from a parking bar on the front forecourt. The property has been renovated within recent years & benefits from a kitchen & WC to the rear.
Terms
Premium offers are invited in the region of £5000 for an assignment of the existing lease, for a term till 4th December 2027 at a rent of £17,500 PAX payable quarterly in advance.
Rent Deposit
Subject to covenant strength a rental deposit will be required & it is anticipated that this will be be between 3-6 months.
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