190 Church Road, Hove, East Sussex, BN3 2DJ
- PROPERTY TYPE
Mixed Use
- BEDROOMS
7
- SIZE
Ask agent
Description
*Guide Price £950,000
Freehold Mixed Investment Ground Floor Commercial Unit And 4 Self Contained Flats
Description
The building forms part of a terrace on the south side of Church Road close to the junction of Sackville Road. A 5 storey building comprising a ground floor commercial unit, with 4 self contained flats which are accessed via a separate entrance to Church Road.
At the time of going to print the Auctioneers have not been able to fully inspect the property internally, so cannot confirm the condition or layout of the lower ground floor flat or flat 2.
Situation
Church Road is situated in central Hove and is populated by many well established independent traders, including restaurants, bars and coffee shops. Numerous buses serve the area and Hove Railway Station is within walking distance.
Location Pin (What3Words): verge.risk.factor
NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY
Tenure -
Freehold
Tenancies
Commercial unit - Let on a 7 year lease from the 1st September 2022, with tenant break clause on the fourth anniversary of the lease (2026). The rent is £16,000 per annum, 3 years upward only rent review-due September 2025.
LOWER GROUND FLOOR
Let on an Assured Shorthold Agreement for 12 months, from 16th March 2022, expired 15th March 2023 at a rent of £1,220pcm. The tenant is holding over.
FLAT 1
Let on an Assured Shorthold Agreement for 12 months, from 9th September 2024, expiring 8th September 2025 at a rent of £1,400pcm.
FLAT 2
We have been informed by the owner flat 2 is let on an Assured Shorthold Agreement. A copy of the AST agreement has been uploaded to the legal pack.
FLAT 3
Let on an Assured Shorthold Agreement for 6 months, from 19th January 2015, expired 18th July 2015 at a rent of £925pcm. The tenant is holding over.
Accommodation
LOWER GROUND FLOOR FLAT - 70 sq.m. (1 bedroom flat)
FLAT 1 - 56 sq.m. (2 bedroom flat)
FLAT 2 - 52 sq.m. (2 bedroom flat)
FLAT 3 - 59 sq.m. (2 bedroom flat)
Total Floor Area 237 sq.m
Council Tax
Flats 1, 2 & 3 - Band B
EPC Rating -
Lower Ground Floor Flat - C
Flat 1 - D
Flat 2 - TBC
Flat 3 - D
Brochures
Legal Documents190 Church Road, Hove, East Sussex, BN3 2DJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hove Station0.6 miles
- Aldrington Station0.6 miles
- Portslade Station1.3 miles
About Austin Gray, Auction House Sussex
Austin Gray LLP, 37 Vernon Terrace, Brighton, BN1 3JH
Auction House Sussex & Hampshire is one of the largest property auctioneers in the South of England. Operated by Estate Agency Austin Gray, we have more than 40 years' experience selling properties at auction.
Through our extensive market knowledge and proactive marketing, we are highly regarded for selling residential investment properties locally.
Each year we hold in excess of seven live stream and multiple online auctions. Our team sell a significant number of lots in the Brighton & Hove area where our offices are located. These include residential & commercial property, development sites, land & garages.
In 2023 we have expanded our South East coverage to include Hampshire. Our auction services are now available across the whole of Sussex and Hampshire. These areas include Chichester, Rye, Horsham, Crawley, Basingstoke & Dean, Petersfield, Gosport and The New Forest.
If you need any advice or assistance, please call our team who would be delighted to help you.
Notes
Disclaimer - Property reference 258196. 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 Austin Gray, Auction House Sussex. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Austin Gray, Auction House Sussex on 01273 109784.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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