46 Boundary Road, Hove, BN3 4EF
- PROPERTY TYPE
House
- SIZE
2,425 sq ft
225 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Comprises of a Ground Floor Retail Premises with Basement & 5 Bedroom Self Contained Residential Flat
- Fully Let & Income Producing
- Situated in Portslade Close to Seafront & Railway Station
- Net Income Circa £34,600 Per Annum
- Net Initial Yield of 7.5%
- Full Vacant Possession
- Viewing Highly Recommended
Description
The property comprises a three storey mid terrace building with good sized rear garden.
The ground floor comprises a retail premises with aluminium double glazed shop front and good sized external display forecourt with storage area on the lower ground floor. To the rear of the retail premises is a small office area, staff WC with wash hand basin. The lower ground floor provides good, dry basement storage with excellent ceiling height and has been damp proofed in recent years. The maisonette above has been renovated with various large extensions added to the rear over the past 30 years to include a room in the roof. The accommodation has a separate self contained entrance via Boundary Road.
Location
This substantial and deceptive property is situated in a prominent position on the eastern side of Boundary Road close to the junction of New Church Road in a busy secondary retail location. The A259 Coast Road is 325m away whilst the A270 is 0.4 miles distant. Portslade railway station with its regular services along the southcoast and north to London (journey time of 51 minutes) is 500m away. Nearby occupiers include Hills Sound & Vision, Mishon Mackay, Powerplant, Portslade Post Office, The Foghorn PH and Papa Johns.
Portslade is an area within Brighton & Hove and is located approximately 4 miles from the city centre. Other nearby towns include Worthing (10 miles west), Burgess Hill (10 miles north) and Lewes (12 miles east).
Terms
The property is available freehold subject to the Leases noted within the property particulars.
Availability_text
The accommodation comprises the following areas:
Opportunity
We feel that the premises has excellent future potential in terms of splitting the current 5 bedroom residential accommodation to form two or three separate self contained flats, subject to planning. It is also felt that the property could be converted into a HMO subject to gaining the necessary consents and licences.
Business Rates & Council Tax
The Valuation Office website suggests that from April 2023 the premises will have a rateable value of £8,400. At this level occupiers can expect to benefit from 100% rate relief subject to status. We advise interested parties to make their own enquiries to Brighton & Hove’s Council to verify the above and the level of business rates payable and small business relief.
The upper parts have a Council tax banding of A.
Brochures
BrochureEnergy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Ask agent
46 Boundary Road, Hove, BN3 4EF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Portslade Station0.3 miles
- Fishersgate Station0.5 miles
- Aldrington Station1.2 miles
About the agent
Justice & Co Commercial Limited, Worthing
2nd Floor, 3 Liverpool Gardens, Worthing, BN11 1TF
An independently owned, family run, commercial estate agent and property management company based in West Sussex, we are able to provide you with a bespoke service to meet your property requirements.
If you are looking for an honest, hard working and reliable agent to sell, let or manage your commercial property then please get in touch. We are committed to maximising the clients investment and achieving the best possible outcome. Our team's vast experience of the commercial sector has
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Visit our security centre to find out moreDisclaimer - Property reference 150076-1. 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 Justice & Co Commercial Limited, Worthing. 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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