Key information

Tenure: Freehold

Council tax: Ask agent

Broadband: Ultra-fast 1000Mbps *

Mobile signal:

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Features and description

Freehold mixed-use property
Ground floor commercial unit with prominent frontage
Commercial rent rising from £14,000 to £16,400 p.a.
Self-contained 2-bedroom flat above
Strong rental yield and investment potential
Prime central Brighton location
Close to seafront, shops, and amenities
Well-presented residential accommodation
No onward chain

60A Preston Street, Brighton – Freehold Mixed-Use Investment

An outstanding opportunity to acquire a freehold mixed-use property in the heart of Brighton, just a short stroll from the seafront. 60A Preston Street comprises a ground floor commercial unit currently let, and a self-contained two-bedroom flat above, making it a highly attractive prospect for investors or owner-occupiers.

The ground floor commercial unit benefits from a prominent high-footfall location and is currently let at £14,000 per annum, with a scheduled increase to £16,400 per annum, offering a strong and rising rental yield. The tenant is well-established, and the unit presents excellent long-term investment stability.

Accessed via a separate entrance, the two-bedroom maisonette spans the first and second floors and features a bright living room, fitted kitchen, bathroom, and two generous bedrooms. The flat is well-maintained and ideal for continued letting or personal use.

Preston Street is a lively and popular location known for its restaurants, cafés, and close proximity to Brighton's beach, Western Road shopping area, and public transport links.

This property is for sale by Traditional Auction. The buyer and seller must Exchange immediately, and Complete 28 days thereafter. Interested parties personal data will be shared with the Auctioneer (iamsold).

The buyer pays a non-refundable deposit of 10% of the purchase price upon exchange.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional

Property information from this agent

Brochure PDF

About this agent

Mansell McTaggart - Hove

170 Church Road Hove BN3 2DJ

01273 083747

Full profile Property listings

At Mansell McTaggart we've hit on a unique formula that directly benefits our clients. We're actually a collection of different businesses operating under a common system and linked by the latest technology. This means you get the broad coverage offered by 23 offices, yet the focus and dedication that you only get with an owner-run business. Many agents, when you sign up with them to sell your property, will tie you to using them for 20 weeks or more. So if you find you’re unhappy with their service or that they’ve, say, overpriced your house just to get your instruction, you can’t move to another agent until that period is up. At Mansell McTaggart we think contracts like this are unreasonably long and restrictive. After all, it should be the service you receive that keeps you with an agent, not the law!