To Let
58 London Road,
Brighton,
East Sussex,
BN1
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Retail, Food and Beverage
1,076 Sq Ft (99.96 Sq M)
Location
The property is located on the eastern side of London Road just to the south of Preston Circus in a commercial thoroughfare well served by frequent bus services. It is an established trading location where a variety of both local and multiple retailers are represented.
Occupiers immediately surrounding the premises include Barclays Eagle Lab, Richer Sounds, Domino's Pizza, W H Smith, Ladbrokes, Costa Coffee, Duke of York picture house and numerous pubs and restaurants.
Description
Brighton - Newly Configured E Class Unit
Planning
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
Taxation
Rateable Value (2023): to be reassessed
Terms
The property is available to let by way of a new full repairing and insuring lease for a term to be agreed and at a rent of £29,950 per annum exclusive of rates, building insurance.
VAT
We have been informed that the property is not subject to VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Flude Property Consultants 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 Property Consultants has any authority to make or give any representation or warranty whatsoever in relation to this property.
Please 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.
We advise interested parties to make their own enquiries to the local authority to verify the above and the level of business rates payable in view of possible transitional arrangements and any reliefs.