Western Road
- PROPERTY TYPE
Terraced
- BEDROOMS
13
- BATHROOMS
10
- SIZE
7,294 sq ft
678 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
Description
A substantial freehold mixed-use investment comprising 2 x retail units, 9 x flats and a vacant garage/workshop. The property is currently let and producing £193,100pa with potential to let the vacant garage/workshop to immediately increase the initial income. There is development potential to add further residential units on the flat roof section at the rear of the property, subject to obtaining the usual planning consents.
28 Western Road is let to Prominence Property on a 5 year lease from 6th September 2023 at £14,400pa with a fixed increase from 5th September 2025 when the rent will increase to £15,000pa for the remainder of the term.
29 Western Road is let to Jade Chinese Restaurant on a 20 year lease from 29th September 2010 at £29,000pa with the basement let at £9,600pa on a separate coterminous lease. There is a rent review due on 1st November 2026.
Garage/Workshop accessed via Donkey Mews - currently vacant.
All residential EPCs are rated C, apart from Flat 4 which is rated B.
Location:
The property is situated in a prime central location, close to Brunswick Square, Hove seafront and a host of independent and national occupiers such as Real Patisserie, SIX Bar and Restaurant, and Co-op Food.
Please note, the floor plan does not show the entire ground floor and basement ownership, 29 Western Road is missing therefore the plan should be used as a guide only.
Tenancy Schedule
Flat 1 - 2 bedroom flat (62sqm) Let at £1,375pcm
Flat 2 - 1 bedroom flat (51sqm) Let at £1,100pam
Flat 3 - 2 bedroom flat (72sqm) Let at £1,600pcm
Flat 4 - 2 bedroom flat (66 sqm) Let at £1,500pcm
Flat 5 - 1 bedroom flat (51 sqm) Let at £1,050pcm
Flat 6 - 2 bedroom flat (71 sqm) Let at £1,450pcm
Flat 7 - 2 bedroom flat (65 sqm) Let at £1,500pcm
Flat 8 - 1 bedroom flat (41 sqm) Let at £1,000pcm
Flat 9 - 1 bedroom flat (49 sqm) Let at £1,100pcm
Brochures
Brochure 1Brochure- 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.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Western Road
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Visit our security centre to find out moreDisclaimer - Property reference 33727030. 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 Aston Vaughan, Brighton. 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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