1
For Sale

21 Victoria Terrace, Hove

344 Sq Ft
£125,000
  • Ref: 275439
  • Type: Retail
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  • View Brochure

Property Features

  • Currently Producing £11,000 PAX
  • Seafront Location

Property Summary

For Sale - Commercial Investment
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 2022 the passing rent was improved to £11,000pax with the tenant renewing for another 5 year term.

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/FloorSq FtSq MAvailability
g 34431.96Available