Property Information
Address:
16 KENSINGTON GARDENS, Brighton
, BN1 4AL
Price: Property no longer available.
Size: SOA
Primary Category: Leisure
All Categories:
Leisure,
Property Ref/Movehut: MH491425
Property Ref/Agent: 16 KENSINGTON GARDENS, BRIGHTON, BN1 4AL
*Please use the agent ref when calling the agent directly.
Property description
LOCATION: Situated in a sought after position on the eastern side of this busy pedestrianised shopping street forming part of the North Laine Shopping Area, running south towards the Town Centre from Brighton Railway Station and Trafalgar Street. The area has over 350 shops displaying goods of every description from all over the world including designer names of the future and present.
DESCRIPTION: Comprising a fully fitted restaurant with basement storage. The premises are arranged more particularly as follows:-
ACCOMMODATION: The accommodation has the following approximate dimensions and areas.
IMPERIAL METRIC Gross Frontage 13?5? 4.08 m
Net Frontage 12?10? 3.91 m Internal Width 14?3? 4.34 m
Shop Depth 24?8? 7.51 m Ground Floor 319 sq ft 29.63 sq m
Basement 217 sq ft 20.15 sq m Yard & rear access
LEASE: Assignment of existing lease for a term of 10 years from 29 September 2014 on an effective full repairing and insuring basis. There is a rent review on the 5th anniversary and a tenant only break on the 4th and 7th anniversaries subject to 6 months prior written notice. RENT: ?18,000 per annum exclusive of rates, VAT and all other outgoings. The rent will increase to ?18,500 on the 29th September 2016.
RATES: Rateable Value: ?13,750 UBR 49.3p (April 2015/2016). PREMIUM: Offers invited in the region of ?79, 950 for the lease, goodwill, fixtures and fittings.
;