100 Ditchling Rd - Storefront Retail/Residential FOR SALE


Brighton, ESX BN1 4SG
$765,000 USD
100 Ditchling Rd, Brighton, ESX for Sale
$765,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | 6.8% Cap Rate

100 Ditchling Rd
Brighton, ESX BN1 4SG


HIGHLIGHTS

  • Freehold public house investment
  • Entire property let to La Planta Limited
  • Business unaffected by sale

OVERVIEW

The property comprises the ground, basement and first floors of an end of terrace building with painted rendered elevations beneath a pitched and hipped roof. The property is held freehold (Title Number SX133346). The entire property is let to La Planta Limited on a 10 year lease from 30 March 2023 at a current rent of £55,072 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 2% and cap of 5%. A rent deposit of £13,927 is held by the landlord. We are instructed to invite offers in excess of £765,000 (6.8% NIY)

FOR SALE DETAILS

PRICE

$765,000 USD

PRICE/SF

$400 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Jolly Poacher

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

ESX426085,SX133346

ASK ABOUT THIS PROPERTY

Chris BickleSavillsMore Info

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