Investment

BRIGHTON & HOVE

123-129 Portland Road, BN3 5QY

Well Secured Prominent Freehold Convenience Retail Parade Investment

  • Brighton & Hove is a popular resort town on the south coast of England
  • Highly prominent trading location in a densely populated area
  • Well secured to three major national operators
  • 60% of the income secured against Sainsbury’s Supermarkets Limited with RPI based rent reviews
  • Offers in excess of £2,625,000
  • A purchase at this level will show a net initial yield of 6.0% after normal purchaser’s cost
  • Reversionary yield of 6.5% after the Sainsbury’s RPI linked rent review in 2020*

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