Description
A well-located long leasehold commercial investment situated within the established Hove Manor Parade, moments from the seafront and the King Alfred Leisure Centre.
The property comprises a self-contained Class E unit arranged over the ground floor, providing a bright, open-plan office space with a kitchen and WC to the rear. The accommodation benefits from good natural light and a practical layout suited to a range of commercial uses.
Location
Brighton and Hove is a vibrant and well-connected city on the South Coast, offering an exceptional quality of life and a strong commercial base. The city benefits from a diverse economy, excellent transport links to London and Gatwick Airport, and a highly skilled workforce, making it an attractive location for businesses across the creative, digital, professional and financial sectors.
The property itself is situated on Hove Street, a busy route connecting the seafront with Church Road and New Church Road, and forms part of Hove Manor Parade; a small, established parade beneath the landmark Hove Manor residential block. The surrounding area offers a mix of independent retailers, cafés, professional services and everyday amenities, with the King Alfred Leisure Centre and Hove Beach just moments away, contributing to strong year-round footfall and an appealing commercial environment.
Tenancy Information
The premises are let to QED Structures Limited on a 10-year lease from November 2025, producing £20,000 per annum, with an upward-only rent review at the fifth year and no tenant break option, offering secure and predictable income.
The property is held on a long-leasehold basis from 24th December 2014 for a term of 125 years (113 years remaining). There is a ground rent as follows:
£200 - 2014 - 2039
£400 - 2040 - 2064
£800 - 2064 - 2089
£1,600 - 2089 - 2114
£3,200 for the remainder of the term.
VAT
Rents and prices are quoted exclusive of, but may be subject to VAT.
Accommodation
The accommodation has the following approximate Net Internal Area (NIA):
Business Rates / Council Tax Band
Available on request.
EPC
We understand the property has an EPC rating of C (expiry date - 03/10/2033).
Legal Fees
Each party to bear their own legal costs incurred.
AML
In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.
This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.
