To Let
8 Pool Valley,
Brighton,
East Sussex,
BN1
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Retail and Leisure
485 Sq Ft (45.06 Sq M)
Location
The property is located in the centre of Brighton and opposite the main bus / Coach station, adjacent to the historic Old Stein and short walking distance from Brighton seafront and Brighton Pier. The property is next to the popular East Street and Brighton Lanes
Location pin (what3words) : harder.extend.exam
https://what3words.com/harder.extend.exam
Description
Class E retail unit
Accommodation
The subject premises is arranged over the ground floor and lower ground with a WC.
The property has the following approximate Net Internal Areas (NIA):
Ground floor - 311 sq ft / 28.89 sq m
Lower ground floor - 174 sq ft / 16.13 sq m
Total - 485 sq ft / 45.02 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 available to let by way of lease assignment. The lease is a 5 year term with a commencement date from 01.09.2021 with a passing rent of £20,000 per annum. The rent is exclusive of rates, building insurance and any other costs.
The lease is contracted outside the landlord and tenant act 1954.
Premium offers are invited in the region of £30,000.
Rateable Value / Council Tax Band
Rateable Value (2023): £11,250.
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 E (105).