59-59a Ditchling Road, Brighton, East Sussex
Investment
For Sale £375,000 Guide Price
Size 88 Sq M ( 947 Sq Ft)
  • Ground floor commercial unit
  • 2x Bed Maisonette Above
  • Producing £23,800pa
Property Description
An excellent city centre mixed use investment property with ground floor commercial element let on an FRI lease until 16th March 2042, with the next rent review due on 17th March 2022 and every 5th year thereafter, the current passing rent is £10,000 per annum. The commercial element is currently interlinking with the adjoining premises.

There is also a 2x bedroom self-contained maisonette, with bathroom, cloakroom kitchen and lounge on the first floor with two double bedrooms on the second floor. The maisonette is accesssed via its own street entrace and is currently let on an AST producing £1,150pcm. Total current rental income for the building of £23,800 per annum.
Agent Details
Richard Lowrey
01273-037194