Sold
- Block of Apartments
- 3 Bedrooms
Call the team on 01273 201989 for more information
Freehold mixed-use investment producing £32,200pa
A freehold mixed-use investment comprising a 1 bedroom lower ground floor flat, a small ground floor retail unit and a large 3 bedroom maisonette over first and second floors. All parts of the building are currently let producing a combined income of £32,200 per annum.
Lot Type
Mixed Use
situation
The property is centrally situated on Upper St James Street, a busy thoroughfare with an eclectic mix of shops and cafes , within a few minutes walk to Brighton seafront and St James Street. The Royal Sussex County Hospital and Brighton College are approximately half a mile away.
accommodation
Lower ground 1 bedroom flat with patio garden let on an AST at £850pcm. Ground floor Retail unit with store room to rear. The tenant is holding over paying a rent of £4,000pa. First and second floors 3 bedroom maisonette let on an AST at £1,500pcm.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.