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Greenways, Highlands Road, BN41

Key features

  • Freehold Ground Rent Investment

Description

Greenways was built in the early 1970s and is situated in Portslade, to the west of Brighton & Hove. The Old Shoreham Road (A270) lies to the South, connecting Brighton & Hove to Shoreham in the West. There are several schools in close proximity as well as a Sainsburys superstore within walking distance. Fishersgate railway station, is located within walking distance to the South West, and Portslade railway station to the South East, with direct services to Southampton, Brighton and London.

A ground rent investment property. comprising 49 self-contained apartments, being sold subject to long leases of varying lengths.

Offers are invited in the region of £350,000 for the freehold interest of the property. Under the terms of the lease, the freeholder has the right to appoint managing agents and to insure the building. Should a sale be agreed Section 5a Notices will subsequently be served on the qualifying tenants.
The leases include car parking provisions for the leaseholders and there is a covered car park in the grounds of the building. Each party is to be responsible for their own legal costs.

It is considered that there may be potential of further development, subject to planning, either within the grounds of the building or within the air space on the roof of the building.

Any enquiries relating to redevelopment potential should be explored by the buyer and referred to the Local Planning Authority.

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Greenways, Highlands Road, BN41

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Fishersgate Station0.5 miles
  • Portslade Station0.5 miles
  • Southwick Station1.1 miles
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About the agent

Graves Son and Pilcher, East Sussex

51 Old Steyne, Brighton, BN1 1HU

Graves Son and Pilcher, East Sussex

Our dedicated agency team is committed to providing clients with a highly professional bespoke service on all types of commercial property matters including, disposals, acquisitions, business relocation etc. We have specialists in the retail/catering, offices, industrial/warehouse and investment/development sectors.

Our service to clients can be summarised as follows:

• Intimate and detailed local knowledge combined with in depth expertise.

• Highly motivated team with over

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Disclaimer - Property reference Greenwayhighlandroads. 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 Graves Son and Pilcher, East 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 Graves Son and Pilcher, East Sussex on 01273 109908.

*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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