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Mixed Use Investment for Auction Brighton BN2
Auction Date
25 September 2024
Guide Price
£270,000
Property Summary
Guide Price £270,000. A freehold mixed-use investment comprising 2 x retail units and a 2 bedroom first floor flat. The property is currently producing £27,000pa from two leases. The laundrette are paying £18,250pa on a lease due to expire November 2025 which includes the 2 bedroom flat, which they currently sub-let. The taxi office are currently holding over at a rent of £8,750pa. The property is situated in a popular neighbourhood area and provides the opportunity to increase the future rental income by reconfiguring the leases or redevelopment, subject to the usual consents.
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