8 Hollingbury Place Brighton, BN1 7GE

A retail shop For Sale in Hollingbury Place, Brighton

The property is situated on the main neighbourhood parade in Hollingbury Place. The building is a two storey mid terrace property which is made up of an insurance broker on the ground floor and a two bedroom flat above, which has its own self contained access. The ground floor tenant is a limited company trading as ‘Preston Insurance Brokers’. The office benefits from having a rear garden with decking area and is let at a rent of £9,500 per annum exclusive. The lease will be coming to an end in April 2023.

The lease is inside the 1954 Landlord and Tenant Act. The two bedroom flat is currently income producing at £11,400 per annum. There is potential to increase the overall income of both elements.