Wilmington Parade, Brighton
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- For Sale By Auction
- Long Leasehold Commercial Investment
- 124 Year Lease
- Possibility of Freehold Being Included
- Currently Let and Producing 8,500 Per Annum Considered Significantly Underlet
- Ideal Location
- Offers Invited
- Pre Auctions Sale Available
Description
Guide Price £195,000
This prime positioned ground floor unit is let to Pet Grooming/Pet Supplies on a10 year lease from 2023 at a passing rent of £8,500 per annum which is considered to be SIGNIFANTLY UNDERLET.
To be sold on long lease of 125 years however we understand there is the possibility that the FREEHOLD might be able to be included.
Shop floor areas
Ground floor retail Zone A 28.8 sqm
Ground floor retail Zone B 18 sqm
Ground floor store 4.4 sqm
Total 61.2 sqm
Wilmington Parade offers a mix of residential and commercial properties, making it a convenient and vibrant location and is situated within this popular parade amongst a densely populated residential area of Patcham.
Brochures
Wilmington Parade, BrightonWilmington Parade, Brighton
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Preston Park Station1.2 miles
- Moulsecoomb Station1.4 miles
- London Road (Brighton) Station1.6 miles
About the agent
Parsons Son & Basley, Brighton
32 Queens Road, Brighton, BN1 3YE
PS&B have been providing professional property services since 1825 and is one of the oldest independent firms of Chartered Surveyors, Valuers and Estate Agents in the UK. We are responsible for the letting and management of thousands of properties throughout the UK and are well established in Brighton & Hove, Bognor Regis and Portsmouth.
With nearly 200 years of experience in selling and letting property, PS&B is steeped in a wealth of history and offers an unrivalled experience. Our de
Industry affiliations
Notes
Disclaimer - Property reference 33240508. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Parsons Son & Basley, Brighton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Parsons Son & Basley, Brighton on 01273 109882.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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