Freehold retail income with approved 4-bed conversion potential.
Prominent city-centre Georgian frontage opposite Pavilion Gardens
An exceptional central freehold in the heart of Brighton, this Georgian mixed-use building combines immediate retail income with clear residential upside. The ground and lower-ground floors are let to a long-standing tenant producing £22,560 per year, while the upper three floors are vacant offices with planning consent to convert into a 4-bedroom maisonette with private street entrance.
The property totals approximately 1,712 sq ft (c. 3,000 sq ft GIA reported in marketing) and benefits from high ceilings, large bay windows and prominent street frontage directly opposite Pavilion Gardens. Its city-centre position next to the Theatre Royal and North Street delivers high footfall and strong lettability for commercial space, and attractive rental potential for the proposed maisonette.
Several material issues affect suitability for some buyers. The existing retail lease runs to February 2038 (15 years remaining) and mortgage lenders commonly refuse lending on investments with short lease lengths; purchasers should verify financing before commitment. The location scores very high for crime and very deprived in local indices, and there is no private outdoor space. Fees are payable on purchase.
This is primarily an investor opportunity: secure retail income now and implement the approved conversion to add a self-contained 4-bedroom residential unit in a prime central location. Buyers should carry out lender checks, factor in potential refurbishment costs to convert upper floors, and budget for any management and security measures given local area data.
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