Surrey Street, Brighton BN1

This property presents a noteworthy investment opportunity in a sought-after area of Brighton. Currently, the ground floor is occupied by a grocer and deli with an annual rent of £16,500, secured under a 5-year lease ending in March 2025. Above, on the first floor, you'll find a well-configured two-bedroom, two-bathroom flat generating an impressive rental income of £22,800 per annum from its AST. The flat's prime location, near Brighton Station and the bustling city center, makes it ideal for vacation rentals or Airbnb ventures. Additionally, there’s potential for significant enhancement as planning permission has been granted (application BH2024/02255) to construct an additional storey and add another residential unit. Prospective buyers should consult on the existing use class to explore future redevelopment possibilities.