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170 North St
Brighton BN1 1EA

Retail Property For Sale

Retail Space East Sussex Brighton 170 North St, Brighton BN1 1EA

Investment Highlights

  • Investment Opportunity
  • Easy Pedestrian Access
  • Prominent Location

Executive Summary

We have been instructed to seek offers in excess of £2,100,000 (Two Million, One hundred Thousand Pounds) subject to contract and exclusive of VAT for our client’s freehold interest. A purchase at this price would show an investor an attractive net initial yield of approximately 4.9%, reversionary to 5.95% assuming normal purchasers costs of 6.3%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
7,032 SF
Building Class
C
Year Built
1920
Price
$2,569,279
Price Per SF
$365
Cap Rate
4.90%
NOI
$125,895
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories

Amenities

  • Bus Line
  • Commuter Rail
  • Security System
 

  • Listing ID: 21359803

  • Date on Market: 10/9/2017

  • Last Updated:

  • Address: 170 North St, Brighton BN1 1EA

The Retail Property at 170 North St, Brighton, BN1 1EA is currently available for sale. Contact HRH Retail for more information.

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