38 Beaconsfield Rd
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38 Beaconsfield Rd
524 SF Retail Building Brighton BN1 4QH $575,117 ($1,098/SF) 5.60% Cap Rate
Executive Summary
The property comprises of a retail shop on the ground floor and a 1 bed flat on the fist floor with separate access. The garden to the rear of the property is split between the retail premises and flat.
Ground floor retail premises let on an effective full repairing and insuring lease for a term of 15 years from 20th January 2023 with rent reviews every 3rd anniversary at a rent of £10,200 pax. First floor flat is let by way of an AST at a rental of £1,250 per month.
Ground floor retail premises let on an effective full repairing and insuring lease for a term of 15 years from 20th January 2023 with rent reviews every 3rd anniversary at a rent of £10,200 pax. First floor flat is let by way of an AST at a rental of £1,250 per month.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
524 SF
Building Class
B
Year Built
1910
Price
$575,117
Price Per SF
$1,098
Cap Rate
5.60%
NOI
$32,207
Tenancy
Single
Building Height
2 Stories
Frontage
9 FT on Beaconsfield Rd
1 of 1
Nearby Major Retailers
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38 Beaconsfield Rd
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