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COMMERCIALSOLD STC

Blatchington Road, Hove

Guide Price
£150,000
Nicholas James, Auctions
PROPERTY TYPE

Commercial Property

SIZE

Ask agent

Key features

  • Sold by Auction
  • Freehold
  • Let to Oxfam
  • Future Development Potential

Description

**Sold by Auction** A freehold commercial investment comprising ground floor retail accommodation with split level ancillary accommodation and rear garden. The property is currently let to Oxfam on a 3 year lease from May 2024 with a rolling tenant break option subject to 6 months notice no earlier than November 2025. Oxfam currently pay a rent of £11,000pa, but the space offers the opportunity for either an owner occupier or a developer when the tenant vacates. The first and second floor maisonette has been sold-off on a long lease. For further details, please contact the auctioneer. Buyers are advised to review the legal pack prior to bidding. The purchase price and rent payable is subject to VAT.

Brochures

Brochure

Blatchington Road, Hove

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hove Station0.3 miles
  • Aldrington Station0.4 miles
  • Preston Park Station1.3 miles

About Nicholas James, Auctions

8 The Drive, Hove, BN3 3JT

Our online auctions offer private individuals and property companies more flexibility than ever, no matter whether they’re buying or selling, with buyers able to bid from anywhere in the world, and sellers knowing they’ve reached as many people as possible.

We work on a no sale, no fee model offering sellers a risk-free option of achieving the best possible price.

Notes

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Disclaimer - Property reference 34340936. 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 Nicholas James, Auctions. 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 Nicholas James, Auctions on 01273 110746.

*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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