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COMMERCIAL

Blatchington Road, Hove

Offers Over
£750,000
Nicholas James, Auctions
PROPERTY TYPE

Commercial Property

BEDROOMS

5

SIZE

3,296 sq ft

306 sq m

Final_1343571_Blatchington-Ro_221026105730167.jpg
1

Key features

  • Mixed-Use Investment
  • Producing £64,400pa
  • Well-established Laundrette
  • 5 Bedroom HMO

Description

A substantial mixed-use investment situated in a popular Hove location. The property is arranged as a well-established laundrette over ground floor and basement with a separate 5 bedroom HMO over the two upper floors. The laundrette is let at £20,000pa on a 20 year lease from October 2022 with 3 yearly rent reviews. The HMO is let as 5 individual tenancies and produces a gross rent of £44,400pa, meaning a combined annual income of £64,000pa for the building.

There is possible scope to extend further in to the roof space, although buyers are advised to make their own enquiries if they wish to pursue this option in the future.

The property is situated in a popular Hove location, close to Hove railway station, Church Road, and the seafront.

Brochures

Blatchington Road, HoveBrochure

Blatchington Road, Hove

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hove Station0.3 miles
  • Aldrington Station0.5 miles
  • Preston Park Station1.3 miles

About Nicholas James, Auctions

8 The Drive, Hove, BN3 3JT

Our online auctions offer private individuals and property companies more flexibility than ever, no matter whether they’re buying or selling, with buyers able to bid from anywhere in the world, and sellers knowing they’ve reached as many people as possible.

We work on a no sale, no fee model offering sellers a risk-free option of achieving the best possible price.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 35014920. 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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