Summary - 1, SURREY STREET BN1 3PA
2 bed 1 bath Commercial Property
**Key Features:**
- Prime city center location on Surrey Street, Brighton
- Ground floor commercial space (grocer/deli) with current rent of £16,500 pa on a 5-year lease expiring March 2025
- First floor 2-bedroom, 1-bathroom flat generating £22,800 pa (£1,900 pcm) with potential for holiday lets/Airbnb
- Planning permission approved for an additional storey and residential unit
- Large total area of 1,343 sqft in a charming Victorian-style building
- High crime area; mortgage financing may pose challenges
This exceptional freehold investment opportunity in Brighton combines urban vitality with delivery potential. The ground-floor commercial space currently houses a thriving grocer/deli, providing a steady rental income, while the two-bedroom flat above offers modern living ideal for professionals or tourists, thanks to its prime location near Brighton Station and city amenities. With planning permission already in place for an additional storey, savvy investors might see significant upside in future revenue streams.
However, be mindful of the surrounding high crime rates and the imminent lease expiry, which could complicate financing options. This property uniquely positions itself within the vibrant cosmopolitan locale, making it not just an investment, but a chance to capitalize on Brighton’s buzz—don’t miss out on this lucrative opportunity to enhance your portfolio!
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