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28 Kensington St 8,762 SF Office Condo Unit Offered at $3,724,307 CAD in Brighton BN1 4AJ
INVESTMENT HIGHLIGHTS
- Lighthouse is a charity organisation which supports artists who use digital technology in their work and helps people find routes
- The building is made up of self-contained, open plan, office suites which are accessed through a large, shared reception/function area which can be us
- The property has multiple office suites which are currently let on leases and licences by Lighthouse to a variety of businesses
EXECUTIVE SUMMARY
Lighthouse is a charity organisation which supports artists who use digital technology in their work and helps people find routes into and succeed within the creative & cultural industries. From this central Brighton venue, they offer education and talent development programmes, commission artists to make and present new work, and produce exhibitions, talks and residencies. The property has multiple office suites which are currently let on leases and licences by Lighthouse to a variety of businesses. The building is made up of self-contained, open plan, office suites which are accessed through a large, shared reception/function area which can be used by the tenants. There are no time restrictions when using the premises, and each tenant shares the communal areas including the kitchen, shower, WCs (including disabled WCs), wet room and cycle storage. The office space has good natural light with venetian blinds, gas central heating and suspended grid ceilings with recessed lighting. In addition, separate meeting rooms within the building are available by arrangement on a daily or half daily basis. The building is ideal for an investor to add to their portfolio or a part owner occupier benefitting from the present income.
PROPERTY FACTS
| Total Building Size | 14,000 SF | Typical Floor Size | 3,500 SF |
| Property Type | Office (Condo) | Year Built | 1985 |
| Building Class | B | Lot Size | 0.83 AC |
| Floors | 4 |
| Total Building Size | 14,000 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 3,500 SF |
| Year Built | 1985 |
| Lot Size | 0.83 AC |
AMENITIES
- Security System
- Storage Space
- Smoke Detector
1 UNIT AVAILABLE
Unit 28
| Unit Size | 8,762 SF | Condo Use | Office |
| Price | $3,724,307 CAD | Sale Type | Investment |
| Price Per SF | $425.05 CAD | Tenure | Long Leasehold |
| Unit Size | 8,762 SF |
| Price | $3,724,307 CAD |
| Price Per SF | $425.05 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Tenure | Long Leasehold |
DESCRIPTION
The property has multiple office suites which are currently let on leases and licences by Lighthouse to a variety of businesses. The building is made up of self-contained, open plan, office suites which are accessed through a large, shared reception/function area which can be used by the tenants. There are no time restrictions when using the premises, and each tenant shares the communal areas including the kitchen, shower, WCs (including disabled WCs), wet room and cycle storage.
SALE NOTES
TENURE
Long Leasehold with approximately 105 years unexpired. There is a ground rent payable to the freeholder of £250 per annum.
ASKING PRICE
£2,000,000
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28 Kensington St
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