Investment.

Brighton.

71-78 North Street, BN1 1ZA

Map View

Status.

Purchased on 01/04/2014

Price.

£8,000,000

Location.

Brighton is an attractive and vibrant City located approximately 56 miles south of London, 25 miles west of Eastbourne and 39 miles east of Portsmouth.

Description.

The property comprises an attractive retail parade of three shops with offices and a flat above.

71/74 North Street and 40/44 West Street (Waterstones) is arranged over five levels to provide retailing on ground, mezzanine, first, second and third floors. A Costa Coffee café is situated on the second floor of the store.The ground floor and basement of 75-76 North Street (EAT) is demised as retail. The first and second floor levels of 75-76 North Street comprise a maisonette which is accessed via a separate stairwell to the rear of the unit.

The maisonette has four large double bedrooms with a 380 ft² lounge, a large south facing roof terrace and a bike store.77/78 North Street (Pret A Manger) is arranged over ground, first and basement level. The unit has been split (by way of a sub-letting) to provide office accommodation at first floor level with a separate entrance from North Street. The basement space, occupied by Pret a Manger, is demised underneath 79 North Street.

Rent.

£412,000.00 per annum exclusive

Tenant(s).

Waterstones, Pret, Eat & AST

Tenure.

Freehold

Yield.

4.85%

Share.

All viewings are strictly by prior appointment.

Ed Smith.

Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson