Property photos
Freehold
Offers in region of
£950,000
(£337.12/sq. ft)
Retail premises for sale
Church Road, Hove BN32,818 sq. ft
Local area information
Property location
Nearby amenities
- St Andrew's CofE (Aided) Primary School 0.2 miles
- St Christopher's School 0.5 miles
- Hove 0.5 miles
- Aldrington 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Hove to find out more about the local area.
Features and description
- Freehold
Key Points
Gf/ lgf Commercial Unit 4x Flats (1x Sold Off) Car parking to rear
Description
The property comprises of a ground floor / lower ground floor commercial unit with parking to the rear for 4x vehicles. There is in addition a basement flat, the first floor flat is sold off on a long lease, a further 2nd floor flat and 3rd-4th floor maisonette.
The property is currently producing the following income, there is certainly scope to increase the residential rents, with renovation works to the units carried out.
1. Shop £24,000pa
2. Flat 1 - (Sold Off on long lease)
3. Lgf Flat - £875pcm
4. Flat 2 - £900pcm
5. Flat 3 - £1,100pcm
Total income = £58,500pa
Location
The property is located on the South side of Church Road, Hove with Lloyds bank next door to the building. The area has a high level of footfall and passing trade, with car parking directly outside the commercial unit and also included with the property at the rear. Hove railway station is a short distance from the property with Brighton city centre to the east.
Viewings
Viewings can be arranged via the vendors Sole Agent - Newlands Property
Terms
Offers are invited in the region of £950,000 for the freehold interest subject to the existing leases/ agreements in place.
Description
The property comprises of a ground floor / lower ground floor commercial unit with parking to the rear for 4x vehicles. There is in addition a basement flat, the first floor flat is sold off on a long lease, a further 2nd floor flat and 3rd-4th floor maisonette.
The property is currently producing the following income, there is certainly scope to increase the residential rents, with renovation works to the units carried out.
1. Shop £24,000pa
2. Flat 1 - (Sold Off on long lease)
3. Lgf Flat - £875pcm
4. Flat 2 - £900pcm
5. Flat 3 - £1,100pcm
Total income = £58,500pa
Location
The property is located on the South side of Church Road, Hove with Lloyds bank next door to the building. The area has a high level of footfall and passing trade, with car parking directly outside the commercial unit and also included with the property at the rear. Hove railway station is a short distance from the property with Brighton city centre to the east.
Viewings
Viewings can be arranged via the vendors Sole Agent - Newlands Property
Terms
Offers are invited in the region of £950,000 for the freehold interest subject to the existing leases/ agreements in place.
More information
Listed by
Newlands Property - Commercial
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Property descriptions and related information displayed on this page are marketing materials provided by - Newlands Property - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Newlands Property - Commercial for full details and further information.