This freehold property presents a valuable investment opportunity in a sought-after area of Brighton. The ground floor features a grocer and deli, currently under a five-year lease, generating an annual rental income of £16,500. Above, the first-floor unit consists of a well-appointed two-bedroom, two-bathroom flat, which is currently rented under an assured shorthold tenancy for £22,800 per year.
Given its prime location near Brighton Station and the bustling city center, the flat has strong potential for short-term rentals or holiday lets, appealing to tourists and visitors year-round.
Additionally, there is significant redevelopment potential: planning permission has been granted for the construction of an additional storey, which would allow for the creation of another residential unit. Buyers are encouraged to explore the possibilities this property offers while considering both current use and future development opportunities in this vibrant locale.
