1-6 Loyal Parade

Brighton, BN1 5GG

Property Type Investment
Availability For Sale
Size 3544 sqft
Energy Performance Rating N/A

Retail and Residential Freehold Investment For Sale


LOCATION

Brighton is an attractive, vibrant and affluent city on the south coast of England. It is the cultural, administrative and retail centre for a large swathe of south-east England and dominates its catchment accordingly. Brighton is at the heart of the South Coast and is the commercial centre in East Sussex located 53 miles (85km) south of Central London. Brighton benefits from excellent road communications with the A23 joining the M23 and then Junction 7 of the M25 providing access to London. Brighton train station has quick, regular and direct train services into London Victoria and London Bridge with a fastest journey time of 56 minutes and 63 minutes respectively, with up to 6 services an hour. The UK’s second largest airport, London Gatwick is a 24-minute train journey away. The property itself is positioned some 3½ miles north-west of Brighton city centre and under 1 mile from the A 27 dual carriageway linking Portsmouth and Southampton to the west and Eastbourne to the east. The parade serves a well populated residential area.

KEY POINTS

  • Attractive retail parade serving large residential catchment area
  • Freehold
  • Highly reversionary
  • Current total rental income £61,100 pa
  • Offers are sought in excess of £595,000
  • Net initial yield 9.78%
The premises is of brick construction under a pitched tiled roof with accommodation arranged over ground and two upper floors. Comprises 6 retail units on the ground floor with 6 split level maisonettes on the upper floors with separate access to the rear. The residential has been sold off on long leases and the freeholder has the benefit of the ground rents. Shop 1 - 557 sq ft Shop 2 with garage - 559 sq ft Shop 3 - 561 sq ft Shop 4 with garage and rear area - 676 sq ft Shop 5 with garage - 556 sq ft Shop 6 with garage and rear area - 635 sq ft Flat 1 split level two-bed flat with garage Flat 2 split level two-bed flat with garage Flat 3 split level two-bed flat with garage Flat 4 split level three-bed flat with garage Flat 5 split level two-bed flat with garage Flat 6 split level three-bed flat with garage Two garages
< Back to properties VIEW SHORTLIST Download Marketing Brochure.pdf Download Shop 1 Loyal Parade Lease 2023.pdf Download Shop 2 Loyal Parade Lease 2017.pdf Download Shop 2 Garage 2 Loyal Parade Deed of Variation 2023.pdf Download Shop 2 Loyal Parade Rent Review Memorandum.pdf Download Shop 3 Loyal Parade Lease 2017.pdf Download Shop 3 Loyal Parade Reversionary Lease 2020.pdf Download Shop 3 Loyal Parade Reversionary Lease 2022.pdf Download Shop 3 Loyal Parade Reversionary Lease 2023.pdf Download Shop 4 Garage 10 Loyal Parade Lease 2011.pdf Download Shop 4 Garage 10 Loyal Parade Rent Deposit.pdf Download Shop 5 Garage 6 Loyal Parade Lease.pdf Download Shop 5 Garage 6 Loyal Parade Underlease.pdf Download Shop 5 Garage 6 Loyal Parade Underlease Licence to Underlet.pdf Download Shop 5 Garage 6 Loyal Pararde Underlease Statutory Declaration.pdf Download Shop 5 Garage 6 Rent Review Memorandum.pdf Download Shop 6 Garage 12 Loyal Parade Lease 2023.pdf Download Shop 6 Garage 12 Loyal Parade Rent Deposit.pdf Download Shop 6 Garage 12 Loyal Parade Asbestos Survey 2023.pdf Download Flat 1 Loyal Parade Lease 2012.pdf Download Flat 2 Garage 1 Loyal Parade Mill Rise Lease 2006.pdf Download Flat 3 Garage 8 Loyal Parade Lease 2006.pdf Download Flat 3 Garage 8 Deed of Covenant 2017.pdf Download Flat 4 Garage 9 Loyal Parade Lease 2007.pdf Download Flat 4 Garage 9 Loyal Parade Deed of Covenant 2016.pdf Download Flat 4 Garage 9 Loyal Parade Charge.pdf Download Flat 5 Garage 7 Loyal Parade Lease 2006.pdf Download Flat 5 Garage 7 Loyal Parade Licence for Alterations 2016.pdf Download Flat 5 Garage 7 Loyal Parade Notice of Assignment 2016.pdf Download Flat 6 Garage 5 Loyal Parade Flat Lease 2005.pdf Download Flat 6 Garage 5 Loyal Parade Deed of Surrender and Lease 2021.pdf Download Garage 4 Tenancy Agreement.pdf Download Loyal Parade Asbestos Survey Common Parts 2023.pdf Download Loyal Parade Common EIectrics Test 2022.pdf Download Loyal Parade FRA.pdf Download Loyal Parade Title Register.pdf Download Loyal Parade Title Plan.pdf Download 1 Loyal Parade EPC.pdf Download 2 Loyal Parade EPC.pdf Download 3 Loyal Parade EPC.pdf Download 4 Loyal Parade EPC.pdf Download 5 Loyal Parade EPC.pdf Download 6 Loyal Parade EPC.pdf

Viewing & Further Information

For further information, or if you would like to arrange a viewing, please contact our agents:

Stephen Rajbenbach

07957 355397

CONTACT AGENT


Michael Braier

07940 528399

CONTACT AGENT


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