Property Details: • Type: N/A • Tenure: Freehold • Floor Area: N/A
Key Features: • For Sale By Auction on 24th September 2025 • Mixed Freehold Investment • Vacant 6 Bedroom Maisonette With Garden • Ground Floor Commercial Premises To Be Vacant In January 2026 or Sooner If Required • Fitted Kitchen • Bathroom With Separate WC and Additional Shower Room • Exceptional Opportunity For High Yielding Investment • Popular Location Close to Just About Everything Required • Highly Recommended • Potential For Rental Income of 60,000 Per Annum
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 32 Queens Road, Brighton, BN1 3YE
Full Description: FOR SALE BY AUCTION on 24th September 2025Auction Guide £450,000Mixed Freehold InvestmentOutstanding opportunity to purchase this mixed Freehold investment comprising of a ground floor commercial premises trading as Glitz and Glamour, currently holding over from an initial 2 year agreement as dated 29th September 2009 at a passing rent of £6,240 per annum. The rent is considered SIGNIFICANTLY UNDERLET and has not been increased since the inception of the tenancy. It is our opinion the passing rent should be £10,000 per annum.WE ARE ADVISED THE TENANT OF THE COMMERCIAL UNIT ON THE GROUND FLOOR HAS PROVIDED THE REQUISITE 6 MONTH NOTICE PERIOD TO VACATE THE PREMESIS THAT THEREFORE IS DUE TO EXPIRE DURING JANUARY 2026 HOWEVER THE TENANT WILL, WE UNDERSTAND, VACATE SOONER IF REQUIRED TO DO SO BY WHOMEVERR PURCHASES.We are advised the upper maisonette has an existing licence for a 5 bedroom HMO. We believe that ultimately there will be the potential for the building to produce a significant annual rental incomeALL MEASUREMENTS ARE APPROXIMATE, FOR ILLUSTRATION PURPOSES ONLY AND ARE NOT TO BE RELIED UPON.Please note fees are payable in respect of the sale of this property, please refer to legal pack for detailsBrochuresPreston Road, Brighton