Under Offer
72 Preston Street,
Brighton,
East Sussex,
BN1
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Retail and Leisure
391 Sq Ft (36.32 Sq M)
Location
The property is located on the eastern side of Preston Street, south of its junction with Regency Square, and lies within approximately 100m of Brighton seafront, near to the i360 attraction.
Preston Street is home to numerous restaurant and bars and the area is increasingly becoming a popular night time destination too.
Description
Retail unit close to the seafront
Accommodation
The available accommodation is arranged over the ground and lower ground floor.
The property has the following approximate Net Internal Areas (NIA):
Ground floor - 222 sq ft / 20.63 sq m
Lower ground floor - 169 sq ft / 15.68 sq m
Total - 391 sq ft / 36.32 sq m
Planning
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
VAT
Rents and prices are quoted exclusive of, but may be subject to, VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Terms
The property is available to let by way of a new full repairing and insuring lease for a term to be agreed and at a rent of £15,000 per annum exclusive of rates, building insurance, service charge, heating, lighting, etc.
Rateable Value / Council Tax Band
(Rateable Value 2023:) £9,200
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).
Energy Performance Rating
We understand the property has an EPC rating of D.