3 Victoria Terrace, Hove, BN3 2WB
Size
778
Tenure
Freehold
EPC
Parking
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- Primary use
- High street retail
- Frontage
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No floor / site plan
Key features
- New Lease
- Freehold
- Hove Seafront Location
Description
The building comprises of a ground floor and lower ground floor commercial space, recently refurbished in 2024 by the new tenant to create a beauty and nail bar. The lease is from 29th November 2024 for a term of 10 years (Outside 54 act) with review in 5th year and current passing rental of £13,500pax.
Location
The property is located within Victoria Terrace on the south side of the road with street car parking directly outside the building and good level of footfall and passing trade, being located on the main seafront trunk road.
Viewings
Viewings can be arrange via the Vendors Joint Sole Agents - Newlands Property & Eightfold Property
Terms
Offers are invited in the region of £185,000 for the freehold interest, subject to the existing lease in place. A purchase at this level would reflect a NIY of 7.14% after usual purchase costs.
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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3 Victoria Terrace, Hove, BN3 2WB
About Newlands Property, Newlands Commercial Limited
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Disclaimer - Property reference 280758-1. 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.