51 – 54 East Street, Brighton

3 shops let to international and national tenants

A rare 100% prime Freehold investment with uppers intact

• The property comprises three shops on 100% prime East Street
• Let to International and national retailers, Whittard, Hugo Boss, and De Montfort Fine Art
• De Montfort Fine Art and Whittard are rebased at £105 Zone A (Nov 21) and £115 Zone A (May 22) demonstrating excellent reversionary prospects
• A total income of £279,500 per annum
• WAULT of approximately 5 years to expiry (3.37 to break)
• Freehold

Offers are sought in excess of £3,500,000 subject to contract and exclusive of VAT. A purchase at this level would reflect an attractivenet initial yield of 7.50% after purchaser’s costs.