£270,000

5 bedroom house for sale

St. James's Street, Brighton
house house
bedrooms 5 bedrooms
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Property description

FOR SALE BY AUCTION 22nd October 2025

A rare opportunity to acquire a substantial freehold building occupying a prominent position on vibrant St James's Street in the heart of Kemptown, Brighton. Spanning over five floors and exceeding 2,100 sq ft, this versatile mixed-use property comprises a ground floor commercial unit with a large basement, and four residential apartments sold on leases.

Property Overview:
Ground Floor & Basement Commercial Unit:
Currently let at £22,000 per annum, with a lease in place for the next three years. The agreement includes a mutual break clause and the option to extend for a further five years, offering flexibility and security for both landlord and tenant. The commercial space benefits from excellent footfall in this busy central location.

Residential Units:

Flat 1 (First Floor): 125-year lease from 25 March 1987
Ground rent: £40, doubling every 21 years

Flat 2 (Second Floor): 125-year lease from 25 March 1987
Ground rent: £40, doubling every 21 years

Flat 3 (Third Floor): 125-year lease from 25 March 1987
Ground rent: £40, doubling every 21 years

Maisonette (Upper Floors): Lease extended to 161 years from 25 March 1987
No ground rent payable


Prime Kemptown location, moments from Brighton seafront and city centre

Freehold title comprising ground floor commercial and four residential units

Commercial rent of £22,000 p.a. with potential for renewal

Attractive long leases across residential units with consistent ground rent income

Ideal investment with long-term asset management potential

This is an exceptional opportunity for investors seeking a secure and well-located freehold asset with immediate income and future growth potential. For more information or to arrange a viewing, please contact us.
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First listed

Over a month ago

St. James's Street, Brighton

Marketed by

Lextons - Auctions 174 Church Road Hove, East Sussex BN3 2DJ
Call agent on 01273 767164
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