Summary - Flat 3, 15 Madeira Place BN2 1TN
1 bed 1 bath Commercial Property
Small trading café in a tourist hotspot close to the pier and station.
Freehold retail unit with Victorian shopfront and street display windows
This freehold retail unit sits on a busy Kemptown parade a short walk from Brighton Pier and the seafront, trading from a traditional Victorian shopfront. The premises are currently fitted out as a café (trading as Leman Tearoom) with street display windows and good passing footfall from local independent retail and leisure operators. An EPC rated B (34) is in place and the property benefits from an off‑street parking option nearby and excellent mobile signal.
The asset is offered with a full repairing and insuring (FRI) lease dated June 2024, with a passing rent of £9,500 pa. The freehold status and ground-floor trading position make this suitable for an investor seeking a central Brighton income stream and a property with immediate trading visibility to tourists and residents.
There are material issues to note: the lease term is only ten years (expires June 2034) — many mortgage lenders may refuse to lend against this shorter term. The local area records very high crime and significant deprivation, and broadband speeds are reported as slow, which could affect certain occupiers. Internally there is no main heating system installed and walls are assumed to be solid brick without insulation, indicating likely maintenance and retrofit costs.
Potential buyers should weigh the location and tourist footfall against the operational and funding challenges. For an investor seeking a small, central Brighton shop with immediate tenancy income, this is a clear, short‑term income play; for an owner-operator seeking long-term occupation or mortgage purchase, lease length, heating and fabric upgrades are notable constraints.
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