3 Islingword Road, Brighton
- Fully Let income producing
- Hanover Location
The property comprises of a ground floor commercial unit trading as Yummie Pizza the property is let on the remainder of a 12 year lease from 2013 with a rent review in September 2021 having seen the rent increase to £18,500 per annum.
The good sized two bedroom flat above is currently undergoing refurbishment and is expected to let for £1,400pcm providing a total potential income of £35,300 per annum.
Islingword Road is located just off of Lewes Road and across from the level, it is walking distance into the the city centre with Brighton Station also a short walk as is the London Road shopping area.
Viewings can be arranged via the vendors sole agents Newlands Property Tel: 01273-77977
*Disclaimer* In accordance with the estate agency act 1979 we advise that the seller of this property has a connection with Newlands Property, for more information please contact our agency.
Offers are invited in the region of £560,000 for the freehold interest subject to the existing lease in place. A purchase at this level would represent a NIY of 6.01%
|Name/Floor||Sq Ft||Sq M||Availability|
|g GF Commercial Unit||774.72||71.97||Available|
|1st FF Flat||720.92||66.98||Available|