107 St James St Local commercial 52 m² À vendre Brighton BN2 1TH 341 533 € (6 506,60 €/m²) Taux de capitalisation 8,43 %

The property is a large corner terraced Grade II listed building. The accommodation comprises ground floor retail with a basement storage to include a staff WC. It is utilised as a café/wine bar. There is a one-bedroom first floor flat which comprises an entrance hall, lounge/kitchen, separate WC and a rear double bedroom with shower cubicle. The property also has a maisonette over second and third floors which is sold off on a long leasehold basis.
The ground floor and basement is let on an effectively full repairing and insuring lease to Tulip Brighton Ltd from 15 November 2011, expiring 14 November 2032. The rental figure from November 2025 will be £15,000 per annum, rising by £1,000 per annum until expiry. The first floor flat is let on an Assured Shorthold Tenancy at a rent of £850 per calendar month. The second and third floor maisonette is sold off on a 99-year lease from 19 October 1988. There is a ground rent of £100 per annum. The property produces a total annual income of £25,300.