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170 North St 6 831 pi² 100% Loué Commerce de détail Immeuble Brighton BN1 1EA 2 836 004 $ CAD (415,17 $ CAD/pi²) 7,97% Taux de capitalisation
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Faits saillants de l'investissement
- Prime opportunity to acquire a prominent mixed-use investment
- Excellent city centre position, with the property backing directly onto the Pavilion Gardens
- Significant asset management and value-add opportunities
- Strategically located on North Street, directly opposite The Lanes
- Attractive period building offering character and strong long-term occupier appeal
- Offers sought in the region of £1.5 million
Résumé de l'annonce
The subject property is located on the northern side of North Street, adjacent to Lloyds Bank and opposite the Hanningtons Brighton Scheme, a former department store sitting on 1.3 acres which has been extensively redeveloped to create a new 'Lane' to the rear as well as providing retail stores fronting North Street.
North Street is a popular location for leisure operators to include Wahaca, Smashburger and Bella Italia. Numerous other bars and restaurants are located immediately off North Street and The Lanes and North Laine areas. The historic Brighton Pavilion, Pavilion Gardens and North Laine are situated immediately to the north.
The property is of traditional brick construction with an attractive sandstone façade beneath a combination of pitched slate, flat and mansard roofs. It comprises a period mid-terrace building arranged over five storeys to the front (basement to third floor) and three storeys to the rear (basement to first floor).
The ground floor and basement are let to Cornish Bakehouse, providing a prominent retail unit fronting North Street.
The rear part of the ground floor, together with the first, second and third floors, provides self-contained office accommodation accessed independently from North Street. Ancillary storage is located within the basement.
Vehicular access is available to the rear of the property via Prince's Place, where there is a shared service area currently used for refuse storage.
Offers are invited in the region of £1.5 million reflecting a net initial yield of 7.97%, assuming the property is fully let and after usual purchasers costs.
Each party to bear their own legal costs incurred.
In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.
This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.
North Street is a popular location for leisure operators to include Wahaca, Smashburger and Bella Italia. Numerous other bars and restaurants are located immediately off North Street and The Lanes and North Laine areas. The historic Brighton Pavilion, Pavilion Gardens and North Laine are situated immediately to the north.
The property is of traditional brick construction with an attractive sandstone façade beneath a combination of pitched slate, flat and mansard roofs. It comprises a period mid-terrace building arranged over five storeys to the front (basement to third floor) and three storeys to the rear (basement to first floor).
The ground floor and basement are let to Cornish Bakehouse, providing a prominent retail unit fronting North Street.
The rear part of the ground floor, together with the first, second and third floors, provides self-contained office accommodation accessed independently from North Street. Ancillary storage is located within the basement.
Vehicular access is available to the rear of the property via Prince's Place, where there is a shared service area currently used for refuse storage.
Offers are invited in the region of £1.5 million reflecting a net initial yield of 7.97%, assuming the property is fully let and after usual purchasers costs.
Each party to bear their own legal costs incurred.
In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.
This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Ancienneté
Pleine propriété
Sous-type de propriété
Bien à usage mixte
Taille du bâtiment
6 831 pi²
Classe d’immeuble
C
Année de construction
1920
Prix
2 836 004 $ CAD
Prix par pi²
415,17 $ CAD
Taux de capitalisation
7,97%
Revenu net d’exploitation
226 030 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
5 étages
Coefficient d’occupation des sols de l’immeuble
0,21
Taille du lot
0,75 AC
Commodités
- Ligne d'autobus
- Train de banlieue
- Système de sécurité
Principaux détaillants à proximité
1 de 14
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
Présenté par
170 North St
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