Let to BR Retail Limited (t/a Beyond Retro) until October 2034 (no breaks)
Established vintage fashion retailer with a portfolio of 13 stores across the UK, Sweden and Finland
Prominent triple fronted corner retail unit in the heart of the North Laine district
Annual RPI-linked rent reviews
Affluent and vibrant south coast city centre location
Approx. commercial floor area of 267.53 sq m (2,879 sq ft)
Nearby occupiers include Wagamama, Bill's, Las Iguanas, Starbucks Coffee and a range of other local retailers, pubs, bars & restaurants
Lot 13
Auction 11th June 2026
Rent £98,305 per Annum Exclusive
Status Sold
Price £850,000
Sector Retail, High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
12 miles east of Worthing, 21 miles west of Eastbourne, 54 miles south of Central London
Roads
A23, A27, A270, M23 (Junction 1)
Rail
Brighton Railway Station (55 mins to London Victoria)
Air
Brighton City Airport
Situation
Brighton is a vibrant and affluent south coast city, renowned for its tourism, retailing and leisure amenities, located approximately 54 miles south of London. The property occupies a prominent corner position on Gloucester Road, within the heart of the popular North Laine district, one of the UK’s most established and distinctive retail and leisure destinations. The property is situated within a 5 minute walk of Brighton Railway station and the University of Brighton City Campus. Nearby occupiers include Wagamama, Bill's, Las Iguanas, Starbucks Coffee and a range of other local retailers, pubs, bars & restaurants.
Tenure
Virtual Freehold. 999 years from 02/03/2006 at a ground rent of £250 per annum.
Location
Miles
12 miles east of Worthing, 21 miles west of Eastbourne, 54 miles south of Central London
Roads
A23, A27, A270, M23 (Junction 1)
Rail
Brighton Railway Station (55 mins to London Victoria)
Air
Brighton City Airport
Situation
Brighton is a vibrant and affluent south coast city, renowned for its tourism, retailing and leisure amenities, located approximately 54 miles south of London. The property occupies a prominent corner position on Gloucester Road, within the heart of the popular North Laine district, one of the UK’s most established and distinctive retail and leisure destinations. The property is situated within a 5 minute walk of Brighton Railway station and the University of Brighton City Campus. Nearby occupiers include Wagamama, Bill's, Las Iguanas, Starbucks Coffee and a range of other local retailers, pubs, bars & restaurants.
Tenure
Virtual Freehold. 999 years from 02/03/2006 at a ground rent of £250 per annum.
Description
The property comprises a substantial triple fronted ground floor retail unit forming part of a larger building.
VAT
VAT is applicable to this lot.
EPC
Band B
Description
The property comprises a substantial triple fronted ground floor retail unit forming part of a larger building.
VAT
VAT is applicable to this lot.
EPC
Band B
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Ground
Retail
267.53
(2,879)
BR RETAIL LIMITED (t/a Beyond Retro) (1)
15 years from 11/10/2019
£98,305.55
11/10/2026 and annual RPI linked increased thereafter capped and collared at 1% and 4%
Total Approximate Floor Area
267.53
(2,879)
£98,305.55
(1) Beyond Retro is one of the UK's leading vintage fashion retailers, operating 13 stores across the UK, Sweden and Finland, including 7 UK locations in London, Brighton, Bristol, Cardiff and Cambridge (https://www.beyondretro.com/). N.B. The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
