310 Portland Road, Hove, East Sussex, BN3 5LP
£465.12 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
430 sq ft
40 sq m
- SECTOR
High street retail property for sale
Key features
- 100% Rate Relief (STS)
- Busy Thoroughfare
- Close to Portslade Station
- Flat Sold Off on Long Lease
- Income Producing
Description
The premises are conveniently situated on the south side of Portland Road with its comprehensive shopping amenities, restaurants, pubs and leisure facilities. The nearest station is Portslade which is approximately 0.5 miles away with bus services running regularly nearby and ample street parking available.
Description
Situated on popular Portland Road, Hove, this three storey building is made up of a first floor maisonette, which is sold off on a long lease. And ground floor premises comprising of seating/waiting area, two kitchens with extraction and WC. The premises is currently let to an established business and producing a rental income of £14,000 per annum, exclusive.
Price
Offers are invited in the region of £200,000 for the freehold interest.
Tenure Comments
Freehold
Rent
The premises are let for a term of 10 years from 2021, at a current rent of £14,000 per annum, exclusive.
EPC
The property has an EPC rating of C - 59.
VAT
We are informed that VAT is not applicable on the terms quoted.
Use
We understand the premises benefit from Class E use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.
Legal Fees
Each party is responsible for their own legal fees in this transaction.
Viewing
Strictly by appointment with Sole Agents,
Jacobs Steel.
Brochures
310 Portland Road, Hove, East Sussex, BN3 5LP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Portslade Station0.4 miles
- Aldrington Station0.6 miles
- Fishersgate Station1.0 miles
About Jacobs Steel, Jacobs Steel Commercial, Worthing
12 Chapel Road, Worthing, BN11 1BJ
Notes
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