Flude’s Brighton retail team has successfully secured a new tenant for 17-19 St James’s Street, Brighton, with the entire 4,447 sq ft unit now let to a local supermarket operator.
The building, which had been home to Boots the Chemists for over 100 years, attracted significant interest upon coming to the market. Despite receiving multiple offers from well-established brands, the client opted to proceed with the local retailer due to the simplicity of the deal and the desire to avoid subdividing the space.
Flude Director, Will Thomas, noted, “While the retail market saw a slowdown during the summer months, we’ve noticed a marked recovery recently, with units across Brighton quickly going under offer. Our client was pleased with the outcome, as it provided a straightforward solution without the need for further complication.”
The property was marketed at a guide rent of £75,000 per annum.
