Hove Retail Letting Completed

Newlands Property are pleased to have just concluded the re-letting of 89 Old Shoreham Road, Hove for our client.

Having acquired the freehold of the property for the client earlier in the year, we were pleased to now conclude the re-letting of the building for £18,000pa on a new FRI lease to local business relocating to bigger premises.

High Street retail units remain in good demand with small units under £30,000pa proving the most popular and any type of premises which is suitable for food use being snapped up quickly. This all bodes well in the face of a difficult market place with energy costs and interest rates testing peoples pockets.

We have a number of other requirements in the Sussex area, both for lease and purchase, if you have property which is going to be coming to the market please get in touch to discuss or arrange a valuation.

Tel: 01273-779777 – Email: richard@newlandsproperty.com