190 Church Road, Hove, BN3 2DJ
Size
3,173
Tenure
Freehold
EPC
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Parking
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- Primary use
- High street retail
- Frontage
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No floor / site plan
Key features
- New Lease on Commercial
- Flats Recently Refurbished
- Excellent Investment Opportunity
Description
The property comprises of 4x flats & GF commercial unit which has just been re-let to a national estate agent on a new FRI lease.
The flats are arranged from LGF up to 3rd floor, separately accessed all in very good condition, with Flat 2 having just undergone a full refurbishment this year video link in details.
With the collective of units producing a total income of circa £91,000pax. Further details and copies of agreements are available for interested parties.
Location
Located on the Southside of Church Road, Hove just back from the crossroads into New Church Road, nearby occupiers include Etch restaurant and Tesco, with Hove Station a short walk to the east and the main coastal road and beachfront to the south.
Viewings
Viewings can be arranged via the Vendors Agent Newlands Property
Terms
Offers are invited in the region of £1,100,000 for the freehold interest, subject to the existing commercial lease and residential AST's in place. A purchase at this level would reflect a net initial yield of 7.82%.
- Service charge
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- Business rates
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- Use class
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- Listed building
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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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Brochure
190 Church Road, Hove, BN3 2DJ
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Disclaimer - Property reference 405756-1. 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 COMMERCIAL LIMITED, 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.