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33 Montefiore Road, Hove, East Sussex, BN3 1RD

Guide Price
£625,000
Austin Gray, Auction House Sussex
PROPERTY TYPE

Mixed Use

BEDROOMS

5

SIZE

Ask agent

Description

**For Sale By Auction on Thursday 19 September 2024**

*Guide Price £625,000

Freehold Mixed Investment Ground Floor Commercial Unit With Self Contained 4 Bedroom Maisonette and 1 Bedroom Flat Producing £54,100 PA

Description
The building is end terrace on the east side of Montefiore Road, A three storey building comprising a ground floor commercial unit, a 4 bedroom maisonette over the first and second floor, and a self contained 1 bedroom flat to the rear of the building.

Situation
The property is situated in central Hove and is surrounded by a variety of independent traders, Seven Dials and Brighton Mainline Railway Station are less than a mile away (London Victoria 58 minutes).

Location Pin (What3Words): songs.elder.really


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 10 year lease from 8th July 2010, at a rent of £7,000 pa.

ROOM 1
Let on an Assured Shorthold Agreement for 6 months, from 18th of August 2022, expires 17th February 2023 at a rent of £725 pcm. The tenant is holding over.
ROOM 2
Let on an Assured Shorthold Agreement for 6 months, from 4th of March 2024, expires 3rd September 2024 at a rent of £675pcm.
ROOM 3
Let on an Assured Shorthold Agreement for 6 months, from 13th of April 2022, expires 12th October 2022 at a rent of £625 pcm. The tenant is holding over.
ROOM 4
Let on an Assured Shorthold Agreement for 6 months, from 22nd of December 2017, expires 21st June 2018 at a rent of £700 pcm. The tenant is holding over.

33a
Let on Assured Shorthold Agreement for 6 months, from 1st July 2024, expires 31st December 2024, at a rent of £1,200pcm.



Accommodation
Maisonette (Top Floor)
Open Plan Living Room - 4.46 x 4.33
Room 1 (first floor) - 3.18 x 3.06
En-suite - 1.83 x 0.88
Room 2 (first floor) - 2.9 x 2.8
Shared shower room 1.97 x 1.46
Room 3 (second floor) 3.45 x 2.37
Bed 4 (second floor) - 3.84 x 3.18
En-suite - 1.79 x 0.81
Total Floor Area - 104 sq.m.

33a (Ground Floor)
Living Room - 4.3 x 3.3
Kitchen - 2.2 x 1.35
Bath/WC - 2.2 x 1.32
Bedroom - 2.6 x 4.5
Hallway - 1.03 x 3.18
Total Floor Area - 41 sq.m.

Commercial unit
Ground Floor Retail Zone A 39.7 sq.m.
wc -

Council Tax
33 - Band B
33a - Band B

Rateable Value - £7,300

EPC Rating -
Maisonette - D
33a C
Commercial unit - D

Brochures

Legal Documents

33 Montefiore Road, Hove, East Sussex, BN3 1RD

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brighton Station0.6 miles
  • Hove Station0.7 miles
  • London Road (Brighton) Station0.9 miles
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About Austin Gray, Auction House Sussex

Austin Gray LLP, 37 Vernon Terrace, Brighton, BN1 3JH
Industry affiliations:

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

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Disclaimer - Property reference 258199. 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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