17,075 sq ft(1,586.32 sq m)

Brighton160-161A North Street & 1-4 New Road

    Key features

    • Prime Investment Oppurtunity
    • Freehold
    • 6.5% NIY (commercial) and £420 psf (residential)

    Prime Restaurant/Retail and Residential Investment

    About this property

    • The property comprises a prime restaurant/retail unit arranged over ground and basement levels, and measuring 7,769 sq ft (722 sq m), and 10 residential units; 8 are two bedroom dwellings and 2 are one bedroom. Situated in a prominent, prime position at the junction of North Street and New Street, the property is fully let on one commercial tenancy and 10 ASTs currently producing a gross income of £396,640 per annum.

    Local information

    • Brighton is one of the largest, most affluent,commercial centres in the south east of England, situated 56 miles (90 km) south of Central London.
    • Brighton boasts a primary catchment of 469,000 people ranking the city 16th of the Promis centres nationally.
    • Brighton benefits from 11.23 million tourists per annum, who boost local expenditure by almost £900 million a year, in addition to a sizeable student population of 36,000.

    Energy performance

    160-161 North Street has an EPC rating of 130 (F), a copy of which will be provided on request. The residential premises have EPC ratings ranging from 56(D) to 74(C), copies of which will be provided on request.