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COMMERCIAL

Commercial property for sale

Montgomery Street, Hove

£475,000
Nicholas James, Auctions
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Two Storey Commercial Building
  • Freehold
  • Popular Poets Corner Area
  • Development Potential (STP)

Description

A rare opportunity to acquire a freehold two storey commercial property in the popular Poets Corner area of Hove. The property is currently let on licences producing £24,900pa with two of the six lettable units vacant. The ERV when the building is fully let is £45,300pa. The large first floor space, which was previously let at £17,400pa, is now vacant and offers an owner occupier the opportunity to occupy this space and collect rent from the rest of the building, or for an investor to split the space in to smaller rooms. The adjacent property within the mews has planning consent for conversion to a mix of residential and Class E space therefore, there is the opportunity for a similar scheme here, subject to planning. For further details, please contact Nicholas James.

Brochures

Brochure

Montgomery Street, Hove

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Aldrington Station0.1 miles
  • Hove Station0.5 miles
  • Portslade Station1.0 miles

About Nicholas James, Auctions

8 The Drive, Hove, BN3 3JT

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Notes

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Disclaimer - Property reference 34431711. 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.

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