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Ground Floor Retail Unit, 172 Church Road, Hove, BN3 2DJ

not specified / Offices

For Sale - £100,000.00

Available - Last updated: 19 September 2024

Long leasehold ground floor, commercial unit located on Church Road, Hove. The commercial unit is let under a licence agreement top "Wholesale Wood Flooring Ltd" at a current rent of £9,000pa. The licence agreement terminated 14th April 2022. The occupier is holding over

Location

Ground Floor 172 Church Road, forms part of a terrace of properties in the busy thoroughfare on the South side of Church Road. The area is populated by many well established independent traders, including restaurants, bars and coffee shops. Numerous buses serve the area and Hove Railway Station is within walking distance.

Accommodation

Retail Area - 16.8 sq.m

WC

Total Floor Area - 19 sq.m.

Terms

Tenancy

Let on a licence agreement from the 15th April 2021 at a rent of £9,000pa.

Specification

Tenure - Leasehold; 125 year lease from 25th March 1980 (approximately 81 years remaining). The ground rent payable to the Freeholder is £10pa.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
For Sale by Auction For Sale Leasehold £100,000.00 NA

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Adam Hinchliffe

Austin Gray

01273 068382

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