VACANT SHOP FOR VARIOUS TRADES E CLASS PREMISE LOW OVERHEADS SPRING STREET, BRIGHTON

This is a versatile E class premise which has previously been used as a hairdresser, café and retail space. The property is situated on the northern side of Western Road and is adjacent to one of Brighton’s main shopping and commercial areas, which benefits from a high footfall throughout the year. With the main city bus routes operating only a few minutes away. In addition to this there is a strong community in the area which is formed from local residents and from the nearby school. The premise has many advantages, which include low overheads, E class use, and a new secure lease with the full protection of the Landlord & Tenant Act.

THE PREMISES: The premises measures approximately 19’ 9 (6m) x 10’6 (3.22m) with the Kitchen area located towards the rear of the premises and measuring 7’5 (2.28 m) x 5’6 (1.7m). In addition the premises benefit from a Delightful South Facing Paved Courtyard Garden measuring approx 7.85m x 3.60m complete with a Pergola covered with mature grapevines leading to a newly installed toilet and handbasin area at the rear of the premises.

GENERAL REMARKS: Protected new lease - Central Brighton Location just 5 mins walk to Churchill Square Shopping Centre and just a few steps to Western Road Shops and Major Bus Route Stops -Ideal location for a Coffee Shop, Hairdressers, Cafe, Beauticians, Tea-Room and various Retail outlet.

TENURE: A new 12-year full repairing and insuring lease will be granted at a commencing rental of £14,000 per annum. Rent reviews to take part every 3 years.

RATES: The premises receive the benefit of the small business rate relief, therefore rates payable are currently zero. The rateable value for the property is £5,400 per annum. Prospective occupiers should make their own enquiries to verify same.

PRICE: We are instructed to quote for the new lease and trade fixtures and fittings £5,000  

LEGAL FEES:  Each party to be responsible for their own legal costs.

VIEWING: On no account should any approach be made to the Manager or the staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090. 

ENERGY PERFORMANCE CERTIFICATE:  The premises has been rated a band D, the full report is available upon request.  

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.

The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order.  The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.

VAT: All prices and rents are quoted exclusive of VAT.  Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

MORTGAGE  & FINANCIAL PLANNING:  We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status. 

Prop. Ref:               6769M

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract

APPLICANTS CONFIDENTIALITY AGREEMENT

I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential.  I also undertake that I will:

i)                View businesses registered with Watkins Commercial by appointment only.

ii)               Not contact any owner, staff, suppliers, competitors or customers of any business

                  registered with Watkins Commercial

iii)              Not pass on any information supplied by Watkins Commercial to any third party other than professional advisor et. Bank, solicitor, surveyor accountant, etc.

iv)             Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations

v)              Be liable for any commission which would have been due to Watkins Commercial should I be party to negotiations or actions which seek to preclude, or are contrary to the interest of Watkins Commercial