Lot 82: TEN CITY CENTRE CAR PARKING SPACES

Sold £195,000

A rare opportunity to acquire 10 car parking spaces within a walled compound in the heart of Brighton city centre producing a good annual income and the opportunity for investment or owner occupation.

The site is located to the rear of Braemar House in Norfolk Road which is situated just off Western Road within close proximity of offices, shops and comprehensive local amenities.

Tenancy

Each space is let on a licence. The total current rental is £16,376 per annum plus two vacant spaces. Further details will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.

Viewing

Interested applicants may view directly on site.

Tenure

Remainder of a 999 year lease from 25th March 1967 at a current ground rental of £100 per annum.