2 bed terraced house for sale

Preston Street, Brighton BN1

60A Preston Street, Brighton – Freehold Mixed-Use Investment

An outstanding opportunity to acquire a freehold mixed-use property in the heart of Brighton, just a short stroll from the seafront. 60A Preston Street comprises a ground floor commercial unit currently let, and a self-contained two-bedroom flat above, making it a highly attractive prospect for investors or owner-occupiers.

The ground floor commercial unit benefits from a prominent high-footfall location and is currently let at £14,000 per annum, with a scheduled increase to £16,400 per annum, offering a strong and rising rental yield. The tenant is well-established, and the unit presents excellent long-term investment stability.

Accessed via a separate entrance, the two-bedroom maisonette spans the first and second floors and features a bright living room, fitted kitchen, bathroom, and two generous bedrooms. The flat is well-maintained and ideal for continued letting or personal use.

Preston Street is a lively and popular location known for its restaurants, cafés, and close proximity to Brighton's beach, Western Road shopping area, and public transport links.

This property is for sale by Traditional Auction. The buyer and seller must Exchange immediately, and Complete 28 days thereafter. Interested parties personal data will be shared with the Auctioneer (iamsold).

The buyer pays a non-refundable deposit of 10% of the purchase price upon exchange.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional