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Agency | Lease Advisory | Management | Valuation | Investment | Development
Ardingly Court Surgery, 1 Ardingly Street,Brighton BN2 1SS
Dr’s Surgery Investment in popular Kemp Town area of Brighton with parking222.20 sq m (2,392 sq ft)
FOR SALEINVESTMENT
Key Features • Located in the popular Kemp Town area of Brighton • Walking distance to Brighton City Centre • 4 x parking spaces • Passing rent of £38,000 per annum • Offers in the region of £550,000
LocationThe property is located on the corner of High Street and Ardingly Street in the popular Kemp Town district of Brighton. Brighton City Centre is within easy walking distance, St James Street is a short walk to the south.The surrounding area comprises predominantly a mix of uses.
AccommodationThe subject property comprises the ground floor of a 4 storey building. The premises were extensively refurbished and specifically fitted out as a Doctors Surgery in 1997, comprising reception area and consulting rooms along with WC’s and kitchen facilities. The property also benefits from 4 parking spaces.
We have measured the existing accommodation to have the following approximate gross internal floor areas:
Ground floor surgery 218.41 sq m (2,351 sq ft) Ground floor storage 3.79 sq m (41 sq ft)Total 222.20 sq m (2,392 sq ft)
Ardingly Court Surgery, 1 Ardingly Street,Brighton BN2 1SS
Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF
Ardingly Court Surgery, 1 Ardingly Street,Brighton BN2 1SS
Ground floor plan
Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF
Viewings and Further InformationStrictly by appointment through the sole agents Flude Commercial:Please contact:Alex Roberts / Andrew HalfacreeEmail: [email protected] / [email protected]: 01273 727070
Flude Commercial for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Commercial has any authority to make or give any representation or warranty whatsoever in relation to this property.
PlanningWe understand that the premises benefit from D1 use within the Use ClassesOrder 1987 (as amended).Interested parties are advised to make their own planning enquiriesPlease note that whilst we endeavour to confirm the prevailing approved planning use for properties we market, we can offer no guarantees in this regard. Planning information is stated to the best of our knowledge. Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues
LeasesOur clients interest is a long lease for a term of 125 years from June 1997. Therefore with approximately 105 years remaining the rent is a peppercorn.The property is let to the GP’s for a term of 25 years from 30 June 1997, therefore expiring 29 June 2022. The passing rent is £38,000 per annum.
TermsOur clients long leasehold interest is offered for sale with offers invited in the region of £550,000. A purchase at £550,000 would represent a Net Initial Yield of 6.59% after allowing for purchasers costs of 4.89%.
EPCC (62)
Legal FeesEach party to bear their own legal costs incurred.
VATRents and prices are quoted exclusive of, but may be subject to VAT.
Ardingly Court Surgery, 1 Ardingly Street,Brighton BN2 1SS
Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF
The property
Ardingly Court Surgery, 1 Ardingly Street,Brighton BN2 1SS
Location Maps
Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF
Boundaries shown are for identification purposes only
