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38 Queens Rd 4,190 SF 100% Leased Retail Building Brighton BN1 3XB $1,869,334 ($446.14/SF) 7.80% Cap Rate
Executive Summary
Freehold retail and residential investment prominently located close to Brighton station comprising a ground floor national estate agents with three flats and a maisonette..
38 Queens Road is located close to Brighton Station (two minutes walk, 325m) this major north-south thoroughfare linking Brighton Station with the city centre (Clock Tower, 4 mins walk) and Brighton seafront.
Churchill Square Shopping Centre (480m) and the popular shopping districts of North Laine (450m) and The Lanes (650m) are nearby.
38 Queens Road comprises a prominent five storey mid-terraced building with the ground floor commercial unit occupied by Your Move estate
agents. Potential for increased income (STNC).
38 Queens Road is located close to Brighton Station (two minutes walk, 325m) this major north-south thoroughfare linking Brighton Station with the city centre (Clock Tower, 4 mins walk) and Brighton seafront.
Churchill Square Shopping Centre (480m) and the popular shopping districts of North Laine (450m) and The Lanes (650m) are nearby.
38 Queens Road comprises a prominent five storey mid-terraced building with the ground floor commercial unit occupied by Your Move estate
agents. Potential for increased income (STNC).
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
4,190 SF
Building Class
B
Year Built
1900
Price
$1,869,334
Price Per SF
$446.14
Cap Rate
7.80%
NOI
$145,803
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
1 1
Nearby Major Retailers
1 of 7
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38 Queens Rd
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