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The Boardwalk Restaurants

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Brighton Marina
BN2 5ZB Brighton
Ref: 11181

  • 27,504.00 ft² (2,555.20 m²)
  • 13,200,000
  • 6.00 Initial Yield

Description

Description

• Newly Developed Leisure Investment Opportunity

Investment Summary

• Brighton & Hove is one of the largest commercial centres in the south east of England
• Brighton & Hove boasts 8.5 million visitors per annum, being in the top ten UK towns visited in 2016
• The total population within the Brighton primary catchment area is 515,000, ranking the city 38 out of the PROMIS Centres
• Brighton Marina is a vibrant, cosmopolitan cocktail of bars, restaurants, entertainment, chic shops and
boating enthusiasts
• Seven restaurant units which were developed in 2016, let to well-known leisure operators; Five Guys, TGI Friday, Bella Italia, MOD Pizza, Las Iguanas and Casa Brasil
• The total passing rent is £845,078 per annum, with headline rents reaching over £35.00 per sq ft
• The parade totals 27,504 sq ft (2,555.2 sq m) over ground floor, benefiting from external seating and rear servicing
• WAULT of 14.2 years to expiry and 12.6 years to breaks
• The property is held long leasehold for a further 137 years, expiring in 2155 at a peppercorn rent from Brighton Marina Company Limited

Energy Rating

Energy Rating

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Contact

Contact
Megan Hutchinson
Richard Brown
Christopher Robinson
  Details

JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:

  1. The particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
  2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
  3. No person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
  4. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken.

For properties in Scotland:

  1. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law.

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