Sold
5
For Sale

95 North Road, Brighton

1,022.2 Sq Ft
£365,000
  • Ref: 155031
  • Type: Investment
  • Availability: Sold
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Property Features

  • Investment Property
  • Fully Let
  • Excellent Condtion
  • North Laine Brighton

Property Summary

FOR SALE - Mixed Use Investment
OIRO £365,000 FH

Full Details

Freehold mixed use property comprising of a ground floor and first floor retail space with 2x bedroom maisonette across LGF and upper parts with outside space to the rear of the property.

Currently let by way of a commercial lease for £7,000pa until March 2026 with AST for the residential part for £1,350pcm providing a total rental income of £23,200 per annum exclusive.

Location
Located at the east end of North Road in the North Laine area of Brighton providing an excellent footfall and high profile location, Brighton central station is a short walk away with Churchill Square shopping centre nearby.

Viewings
Viewings can be arranged via Vendors Sole Agents - Newlands Property

Terms
Offers are invited in the region of £365,000 for the freehold interest subject to the existing tenancies in place, providing a net initial yield of 6.12%.