24 Sydney Street, Brighton, BN1 4EN

Double Fronted Retail Unit in North Laine

Location

Sydney Street is in the North Laine area of the city, a very popular destination with a mix local and national cafe´s and food venues, boutiques and unique independent retailers selling jewellery, second-hand books and vintage clothes.

This busy retail thoroughfare is a one way road system and is located between the busy Trafalgar Street and North Road and near to Brighton's main attractions including Churchill Square, the seafront and The Lanes.

Brighton railway station is approximately 5 minutes walk away.

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.

Rents and prices are quoted exclusive may be subject to VAT.

Accommodation

The property comprises of a double fronted unit, with stores to the ground floor rear. There is an additional exterior staircase leading the first and second floors, which is used for storage and WC.

Ground Floor: 1,088 sq ft / 101.11 sqm
First Floor: 392 sq ft / 36.41 sqm
Second Floor: 250 sq ft / 23.24 sqm
Total Accommodation: 1,730 sq ft / 160.76 sqm

Rateable Value: £39,250

We understand the property has an EPC rating of D (81).

Each party to bear their own legal costs incurred.

The premises is available by way of a lease assignment with the current lease dated 10/01/2024 for a 10 year term within the 1954 Landlord & Tenant act, at a passing rent of £37,500 per annum.

A premium of £35,000 is sought for the benefit of the lease.

Sought after North Laine location

Lease available by way of an assignment

Double fronted unit

Additional storage on first and second floors

Fitted extraction (untested)

Premium of £35,000

Rent £37,000 per annun