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UNDER OFFER

21 Victoria Terrace, Hove, BN3 2WB

Offers in Region of
£125,000

£363.37 per sq ft

Business rates & charges may apply

Newlands Property, Newlands Commercial Limited
SIZE AVAILABLE

344 sq ft

32 sq m

SECTOR

High street retail property for sale

Key features

  • Currently Producing £11,000 PAX
  • Seafront Location
  • Let till April 2029

Description

Description
Ground floor retail shop currently let to kitchen/ cabinet firm, property includes freehold of the building with residential parts sold off on long-lease with peppercorn ground rent.

The current tenant has been in occupation since 2009, following the most recent review in February 2024 the passing rent was improved to £11,000pax with the tenant renewing for another 5 year term until 14th April 2029.

Location
The property is located on Victoria Terrace in Hove, East Sussex, situated within a parade of commercial units with main seafront just behind the property.

Viewings
Viewings can be arranged via the vendors Sole Agent - Newlands Property.

Terms
Offers are invited in the region of £125,000 for the freehold of the property, subject to the current lease in place.

Energy Performance Certificates

EPC

Brochures

21 Victoria Terrace, Hove, BN3 2WB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hove Station0.7 miles
  • Aldrington Station0.8 miles
  • Portslade Station1.5 miles

About Newlands Property, Newlands Commercial Limited

Clarence House, North Street BN1 1EB

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 275439-1. 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 Newlands Property, Newlands Commercial Limited. 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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