For Sale

3 Islingword Road, Brighton

1,495.64 Sq Ft
  • Ref: 115517
  • Type: Investment
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Property Features

  • Fully Let income producing
  • Hanover Location

Property Summary

Freehold Shop & Flat Investment
OIRO £550,000

Full Details

The property comprises of a ground floor commercial unit trading as Yummie Pizza the property is let on the remainder of a 12 year lease from 2013 with a rent review in September 2021 having seen the rent increase to £18,500 per annum.

The good sized two bedroom flat above has undergone a refurbishment and is now let for £1,650pcm providing a total potential income of £38,300 per annum.

Islingword Road is located just off of Lewes Road and across from the level, it is walking distance into the the city centre with Brighton Station also a short walk as is the London Road shopping area.

Viewings can be arranged via the vendors sole agents Newlands Property Tel: 01273-77977

*Disclaimer* In accordance with the estate agency act 1979 we advise that the seller of this property has a connection with Newlands Property, for more information please contact our agency.

Offers are invited in the region of £550,000 for the freehold interest subject to the existing lease in place. A purchase at this level would represent a NIY of 6.64%

Available Area

Name/FloorSq FtSq MAvailability
g GF Commercial Unit774.7271.97Available
1st FF Flat720.9266.98Available