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33 Duke Street,
Brighton,
East Sussex,
BN1

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Retail and Leisure

1,143 Sq Ft (106.18 Sq M)

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Features
  • Brighton City Centre restaurant
  • Located on pedestrianised Road
  • Benefit of premises license and kitchen extraction
  • Rateable value £36,500
  • EPC - D
  • Premium £50,0000
  • Lease expiry 02.08.2030
  • Rent £50,000 per annum

Location

The property is located on the northern side of Duke Street, one of Brighton's most sought after shopping thoroughfares.

Duke Street is the main pedestrian route connecting Churchill Shopping Centre with the historic Brighton Lanes shopping district.

Nearby occupiers are Vans, TK Max, The Ivy, Nandos and other independent and national retailers.

Description

Restaurant arranged over the ground and lower ground floors

Accommodation

The property comprises 5 storey mid terraced building with the available accommodation arranged over the ground and lower ground floors.

The property has the following approximate Net Internal Areas (NIA):

Ground floor - 471 sq ft / 43.77 sq m

Lower ground floor - 672 sq ft / 62.40 sq m

Total - 1,143 sq ft / 106.17 sq m

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.

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Legal Fees

Each party to bear their own legal costs incurred.

Terms

The property is offered by way of a lease assignment for a £50,000 premium.

A 10 year lease from 03.08.2020.

Rent review and tenant's option to break (1) in the 5th year effectively FR&I by way of service charge. Rent review in 2025.

Personal guarantee likely to be required.

Rateable Value / Council Tax Band

Rateable value £36,500
UBR 49.9p
Rates payable £18,213.50

Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).

Energy Performance Rating

We understand the property to have an EPC rating of D(81).

Will Thomas

01273 740398 Email

Aaron Lees

01273 740387 Email