Ditchling Road, Brighton

This property presents a compelling opportunity for investors, currently being offered at auction with development potential subject to planning permission. The two-storey freehold premises is under lease to Lock, Stock and Barrell Locksmiths, generating an annual rent of £7,800, which is notably below market value. The tenant is actively carrying out dilapidation work on both the interior and exterior of the building. Furthermore, with a separate self-contained entrance to the upper levels, there exists potential for conversion into residential units, pending necessary consents. Located in a vibrant area just opposite The Level and close to London Road's diverse shopping options and amenities, this property offers significant investment prospects.