£4.740.000
Confirmation
Multi let Retail Investment
Property Details
Authorized representative
Deactivated
Leasable area
9.50 %
4
Freehold
Fees
Investment Overview
Brighton is an affluent south east city. Situated on London Road which is a very busy retail and residential location. Modern building completed in 2014 which has a 351 student bed scheme above (in a separate ownership). Comprises three well configured retail units and a gym. 77% of the current income is secured to tenants rated as “Very Low Risk”. The ground floor and lower ground floors comprise three retail units and a gym. The units all provide clear open plan accommodation and could be sub-divided meaning that a flexible range of unit sizes could be accommodated. We understand that the property is elected for VAT. It is anticipated that the sale will be treated as a transfer of a going concern (TOGC).
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