5 bed property for sale

Upper St. James's Street, Brighton BN2

For sale by auction 27th August 2025

A rare opportunity to acquire a substantial freehold building occupying a prominent position on vibrant St James's Street in the heart of Kemptown, Brighton. Spanning over five floors and exceeding 2,100 sq ft, this versatile mixed-use property comprises a ground floor commercial unit with a large basement, and four residential apartments sold on leases.

Property Overview:
Ground Floor & Basement Commercial Unit:
Currently let at £22,000 per annum, with a lease in place for the next three years. The agreement includes a mutual break clause and the option to extend for a further five years, offering flexibility and security for both landlord and tenant. The commercial space benefits from excellent footfall in this busy central location.

Residential Units:

Flat 1 (First Floor): 125-year lease from 25 March 1987
Ground rent: £40, doubling every 21 years

Flat 2 (Second Floor): 125-year lease from 25 March 1987
Ground rent: £40, doubling every 21 years

Flat 3 (Third Floor): 125-year lease from 25 March 1987
Ground rent: £40, doubling every 21 years

Maisonette (Upper Floors): Lease extended to 161 years from 25 March 1987
No ground rent payable

Key Features:
Prime Kemptown location, moments from Brighton seafront and city centre

Freehold title comprising ground floor commercial and four residential units

Commercial rent of £22,000 p.a. With potential for renewal

Attractive long leases across residential units with consistent ground rent income

Ideal investment with long-term asset management potential

This is an exceptional opportunity for investors seeking a secure and well-located freehold asset with immediate income and future growth potential. For more information or to arrange a viewing, please contact us.