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Blatchington Road, Hove

£450,000
Whitlock and Heaps, Hove
PROPERTY TYPE

Land

SIZE

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Floor/Site plan 1
1

Key features

  • COMMERCIAL PREMISES
  • LOWER GROUND FLOOR INDEPENDENT OFFICE
  • 6 FURTHER ROOMS CURRENTLY LET ON 5 TENANCIES
  • COMMUNAL KITCHEN
  • TWO CLOAKROOMS
  • CURRENT ANNUAL INCOME
  • CENTRAL LOCATION
  • FREEHOLD
  • OUTSIDE SPACE

Description

A superb opportunity to acquire a commercial freehold investment occupying a highly convenient and sought after central Hove location, within just a few minutes' walk of Hove mainline railway station and the seafront.

The building offers versatile accommodation arranged over four floors and represents an attractive proposition for investors seeking an established, income producing asset. The lower ground floor comprises an independent office with the considerable benefit of its own private street entrance, providing a self contained workspace separate from the remainder of the building.

Across the ground, first and top floors, the accommodation is arranged as six individual rooms currently occupied under five separate tenancies, together with a communal kitchen and two cloakrooms. All rooms are presently let, generating a combined gross annual income of approximately £36,960 per annum, providing an incoming purchaser with an immediate and established revenue stream.

A particular advantage of the property is that it is already fully operational as an investment, with established and long standing tenants in situ, making this an appealing acquisition for those seeking to add a proven commercial asset to their portfolio without the initial uncertainty associated with securing occupiers.

The location further enhances the building's investment credentials. Hove mainline railway station and Hove seafront are both readily accessible on foot, while the surrounding area offers an excellent selection of independent shops, cafés, restaurants and everyday amenities.

Combining a prominent central location, flexible accommodation, established tenancies and an existing gross income of approximately £36,960 per annum, this commercial freehold represents a compelling investment opportunity in the heart of Hove. 

Blatchington Road, Hove

Approximate location
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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hove Station0.4 miles
  • Aldrington Station0.4 miles
  • Portslade Station1.3 miles
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About Whitlock and Heaps, Hove

65 Sackville Road, Hove, BN3 3WE
Industry affiliations:

Whitlock and Heaps are a family owned and run company who were founded in 1948 and are one of Brighton and Hove's most established estate agents offering an unrivalled wealth of local knowledge and experience from our prominent Sackville Road office.

Our firms aim is to maintain the high level of standards that have been expected and achieved over the years, with many clients having sold and purchased their properties through our firm now recommending their children to us to purchase or rent their first home.

Recommendations and referrals form an integral part of our business and through offering a personal and individual service we intend to continue to impress old and new clients coming through our doors.

Our firm also acquired Cales and Co estate agents who have been established for over thirty years and themselves are a well-respected independent firm. Cales and Whitlock and Heaps have had a close working relationship for a number of years through Peter and Steve Caiels' friendship and mutual respect with the firms sharing Christmas Parties for over twenty years and in more recent years Jack married Steve's daughter Nyree. When the opportunity arose for the two firms to combine it was a merger that was too perfect a fit to not complete.

Sales

At Whitlock and Heaps we feel it is imperative to offer our clients a personal, professional and efficient service. From first call, to handing over the keys on completion. We understand that the process is a stressful time and we aim to make it run as smoothly as possible. Our friendly team have a wealth of local knowledge which is second to none. We are members of the NAEA (National Association of Estate Agents) and OFT (Ombudsman). Being governed by their high standards and regulations, we can offer our clients added protection and the security of knowing that the sale of their property is being handled by an estate agent that follows a structured code of conduct. We offer competitive commission terms which we will be happy to discuss with you.

Lettings

Whitlock & Heaps have a very proactive letting and management department offering a personal and professional service tailored to meet each individual client. Covering all aspects of property management from an initial valuation through to a full management service. We are members of ARLA (The Association of Residential Letting Agents), NAEA (National Association of Estate Agents) and OFT (Ombudsman). Being governed by their high standards and regulations, we can offer our clients added protection and the security of knowing that their property is being managed by a Letting agent that follows a structured code of conduct.

We cover all aspects of the letting of your property giving you peace of mind and the reassurance of knowing that all measures have been taken to make the management of your home as stress free as possible We offer free property valuations and competitive negotiable fees.

We are members of ARLA, The Property Ombudsman and Propertymarks client money protection scheme.

Our landlord fees can be found at www.whitlockandheaps.co.uk

Notes

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Disclaimer - Property reference 103385005161. 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 Whitlock and Heaps, Hove. 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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