Summary - 99, ST GEORGES ROAD BN2 1EE
1 bed 1 bath Commercial Property
**Standout Features:**
- Freehold investment comprising 3 commercial units
- Total annual rent income of £58,150
- Prime location in Kemptown, close to retail shops and restaurants
- Long leases in place for commercial units and flats above
- Total floor area of 341.05 sq.m
- High foot traffic area near hospitals and Brighton College
**Potential Concerns:**
- Auction property with a guide price of £700,000
- Additional charges may apply as per legal pack conditions
- Some structural aspects may need attention given the age of the building
Nestled in the vibrant Kemptown area, this attractive freehold investment presents a remarkable opportunity for savvy investors or business owners looking to establish a presence in a bustling community. Comprising three self-contained commercial units with individual rental agreements in place, the property generates a steady annual income of £58,150. Each unit, along with flats above, holds long leases, ensuring a reliable, long-term investment in an area known for its eclectic mix of residential, retail, and dining options.
Attractively situated within the East Cliff Conservation Area, this Victorian terrace showcases historical charm while offering significant potential for future renovations or conversions. The area is a hub for activity, with high foot traffic from nearby amenities, including a pharmacy and various independent retailers. It boasts exceptional connectivity and convenience, being a stone's throw away from the Royal Sussex County Hospital and Brighton College.
While this property offers promising returns, it is essential for potential buyers to review the legal pack due to possible additional costs. Being a sought-after location, opportunities like this do not remain on the market for long—consider securing your stake in this unique commercial venture today!
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