18 Queens Road

Under Offer

PROMINENT CENTRAL BRIGHTON FREEHOLD

FOUR STOREY PART-LET OFFICE/RETAIL BUILDING

Status

For Sale

Location

The subject property is situated in central Brighton, on the western side of Queens Road, at its junction with Church Street, just north of the Clock Tower and within a few minutes walking distance of Brighton’s mainline railway station.

Description

The property is of concrete frame construction, having been almost completely reconstructed in 1985. The elevations are rendered beneath a pitched roof, behind a parapet wall with a flat crown section. Double glazed windows are in place. The quasi office/retail unit over ground floor and basement is accessed from both Queens Road and Church Street. Offered with vacant possession it is presented with suspended ceilings with inset CAT II lighting on the ground floor. The basement provides additional office/ancillary space with a kitchen and WC's. The upper floors are accessed via a separate ground floor entrance on Church Street.

Premises may be suitable for alternative uses or residential conversion subject to the necessary planning permissions.

Available area

The accommodation comprises the following approximate net internal floor areas:

Tenure

Freehold, subject to vacant possession of the basement and ground floor. The first and second floor offices are let to a Sky subsidiary who are not currently in occupation on an eFRI lease for 10 years from February 2016. Passing rental of £29,000 per annum.

VAT

VAT is understood to be applicable on the terms quoted.

Business Rates

From April 2023:
Basement and ground floor - £19,500
First floor - £13,000
Second floor - £10,000

With a UBR of 49.9p in £. Small business rates relief may be available on parts of the property subject to an occupier’s status.

Legal Costs

Each party to be responsible for their own legal costs.

Price

Offers in excess of £800,000 are invited

Energy Performance Rating

This property has been graded as D (89)