Offers over
£575,000
2 bed flat for saleSurrey Street, Brighton BN1
2 beds
- Freehold
Nicholas James
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About this property
Freehold Investment Opportunity
Prime City Centre Location
Ground Floor Shop
First Floor 2 Bedroom Flat
Current Rent £35,700pa
Potential to Improve Annual Rent
A freehold investment opportunity in a prime Brighton location. The property is arranged as a grocer/deli on the ground floor paying a rent of £16,500pa in occupation on a 5 year lease expiring March 2025 and a 2 bedroom, 2 bathroom flat on the first floor currently let on an AST at £1,900pcm (£22,800pa). The flat could suit holiday lets/Airbnb given the prime location, close to Brighton Station and the vibrant City centre. Planning permission has been approved under application BH2024/02255 for the erection of an additional storey and creation of an additional residential unit. Buyers should take their own advice on the existing use class and future hope for redevelopment of the site.
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