21 Victoria Terrace, Hove
Property Features
- Currently Producing £11,000 PAX
- Seafront Location
- Let till April 2029
Property Summary
OIRO £125,000 FH
Full Details
Ground floor retail shop currently let to kitchen/ cabinet firm, property includes freehold of the building with residential parts sold off on long-lease with peppercorn ground rent.
The current tenant has been in occupation since 2009, following the most recent review in February 2024 the passing rent was improved to £11,000pax with the tenant renewing for another 5 year term until 14th April 2029.
Location
The property is located on Victoria Terrace in Hove, East Sussex, situated within a parade of commercial units with main seafront just behind the property.
Viewings
Viewings can be arranged via the vendors Sole Agent - Newlands Property.
Terms
Offers are invited in the region of £125,000 for the freehold of the property, subject to the current lease in place.
Available Area
| Name/Floor | Sq Ft | Sq M | Availability |
|---|---|---|---|
| g | 344 | 31.96 | Available |