80 Church Road, Hove, BN3 2EB
£337.12 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,818 sq ft
262 sq m
- SECTOR
High street retail property for sale
Key features
- GF/ LGF Commercial Unit
- 4x Flats (1x Sold Off)
- Car parking to rear
Description
The property comprises of a ground floor / lower ground floor commercial unit with parking to the rear for 4x vehicles. There is in addition a basement flat, the first floor flat is sold off on a long lease, a further 2nd floor flat and 3rd-4th floor maisonette.
The property is currently producing the following income, there is certainly scope to increase the residential rents, with renovation works to the units carried out.
1. Shop £24,000pa
2. Flat 1 - (Sold Off on long lease)
3. LGF Flat - £875pcm
4. Flat 2 - £900pcm
5. Flat 3 - £1,100pcm
Total income = £58,500pa
Location
The property is located on the South side of Church Road, Hove with Lloyds bank next door to the building. The area has a high level of footfall and passing trade, with car parking directly outside the commercial unit and also included with the property at the rear. Hove railway station is a short distance from the property with Brighton city centre to the east.
Viewings
Viewings can be arranged via the vendors Sole Agent - Newlands Property
Terms
Offers are invited in the region of £950,000 for the freehold interest subject to the existing leases/ agreements in place.
Brochures
80 Church Road, Hove, BN3 2EB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hove Station0.5 miles
- Aldrington Station0.8 miles
- Brighton Station1.3 miles
About Newlands Property, Newlands Commercial Limited
Clarence House, North Street BN1 1EB
Notes
Disclaimer - Property reference 217637-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Newlands Property, Newlands Commercial Limited. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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