Property photos
Just added
Freehold
Offers in region of
£750,000
(£275.51/sq. ft)
Property for sale
54 Preston Road, Brighton BN12,722 sq. ft
Local area information
Property location
Nearby amenities
- Bellerbys College Brighton 0.2 miles
- London Road (Brighton) 0.2 miles
- St Bartholomew's CofE Primary School 0.3 miles
- Brighton 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Brighton to find out more about the local area.
Features and description
- Freehold
- Investment Property
- Fully Let
- Commercial / Student Let
- Estimated Rates Payable: £3493
Description
The property comprises of a ground floor commercial unit recently let for £16,000 per annum, on a new 5yr Fri lease from June 2025 with break and open market review end of year 3.
The residential upper parts are arranged as a six bedroom student accommodation, currently let for £3,770pcm. Providing a total income for the property of £61,240 per annum.
Location
The property is located on Preston Road, just off of London Road and with Preston Park a couple of minutes walk from the building. It is mid-terrace with the parade comprising of other mixed use properties with various independent traders along the road, ranging from retail to food outlets.
Viewings
Viewings can be arranged via the Vendors Sole Agent - Newlands Property
Terms
Offers are invited in the region of £750,000 for the freehold interest, subject to the existing tenancies in place. A purchase at this level would reflect a net initial yield of circa 7.75% allowing for purchase costs.
The property comprises of a ground floor commercial unit recently let for £16,000 per annum, on a new 5yr Fri lease from June 2025 with break and open market review end of year 3.
The residential upper parts are arranged as a six bedroom student accommodation, currently let for £3,770pcm. Providing a total income for the property of £61,240 per annum.
Location
The property is located on Preston Road, just off of London Road and with Preston Park a couple of minutes walk from the building. It is mid-terrace with the parade comprising of other mixed use properties with various independent traders along the road, ranging from retail to food outlets.
Viewings
Viewings can be arranged via the Vendors Sole Agent - Newlands Property
Terms
Offers are invited in the region of £750,000 for the freehold interest, subject to the existing tenancies in place. A purchase at this level would reflect a net initial yield of circa 7.75% allowing for purchase costs.
More information
Listed by
Newlands Property - Commercial
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Property descriptions and related information displayed on this page are marketing materials provided by - Newlands Property - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Newlands Property - Commercial for full details and further information.