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23 Gloucester Rd 3,100 SF Retail Building Brighton BN1 4AD $1,621,254 CAD ($522.99 CAD/SF) 11.23% Cap Rate
Investment Highlights
- Affluent and vibrant south coast city centre location
- Nearby occupiers include Wagamama, Bill's, Las Iguanas, Starbucks Coffee and a range of other local retailers, pubs, bars & restaurants
- Let to BR Retail Limited (t/a Beyond Retro) until October 2034 (no breaks)
Executive Summary
Lot 13 is available for sale at an Acuitus auction to be held on Thursday 11th of June 2026.
The property comprises an long leasehold investment opportunity for sale.
The asking price is £875,000, representing a gross initial yield of 11.23%.
The property comprises an long leasehold investment opportunity for sale.
The asking price is £875,000, representing a gross initial yield of 11.23%.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
3,100 SF
Building Class
B
Year Built
1990
Price
$1,621,254 CAD
Price Per SF
$522.99 CAD
Cap Rate
11.23%
NOI
$182,146 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.10
Lot Size
0.71 AC
Frontage
Amenities
- Bus Line
- Security System
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Nearby Major Retailers
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23 Gloucester Rd
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