The subject premises comprise an end terrace building with basement, ground, first and second floors. The ground floor is made up of the main banking hall, with bank storage in the basement and separate offices on the first floor. There are two, one bedroom, flats on the second floor. Tenure The property is held on an existing FRI lease due to expire 23/06/2021. Rent Offers accepted on the basis of assignment or sub-lease at the passing rent of £58,150 per annum exclusive. Rates We are informed by the Local Rating Authority that the current rateable value of the property is £23,750 and the rates payable are £11,661.25. The UBR for 2019/20 is 49.1p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.Less
Situated in the heart of Kemp Town, a lively area just east of Brighton city centre, the property is positioned in a prime pitch on St Georges Road. The subject property is located in the middle of the High Street, of which is mainly made up of independents, with nearby national retailers including Co-op, Marie Curie and Boots.