108 St. James’s Street, Brighton

The property comprises of a GF/LGF commercial unit currently let on an FRI lease until March 2026, with a passing rental of £18,000pa. The upper floors comprise of a self-contained student let accommodation, currently producing £2,600pcm / £31,200pa.

Providing a collective net income on the building of £49,200 per annum exclusive.

Location
The property is located on the south side of St James, Street in Kemptown Brighton, a short distance from the main seafront promenade, with Old Steine to the west and Brighton city centre further down.

Viewings
Viewings can be arrange via the vendors Sole Agent Newlands Property.

Terms
Offers are invited in the region of £650,000 for the freehold interest in the property subject to the existing tenancies in place. A purchase at this level would represent a NIY of 7.20% after purchasers costs.

Available Area