Land for sale in Lansdowne Mews, Hove BN3

POA
Land for sale 0.3 ac*
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Property description

Description

The properties comprise two sets of part single-storey, part two-storey mews workshops and offices dating from the late 1800s, it is believed, with a large three-storey terraced house fronting Farm Road, suitable for refurbishment or conversion.

Location

The mews properties are set between Lansdowne Place to the west and Farm Road to the east and just north of Western Road, in central Hove, close to local shopping and other facilities.

Development Considerations

The Mews could be redeveloped for residential use or extended and improved for continued workshop / office investment use and No. 12 Farm Road could be refurbished as a single house or may be suitable for conversion to several flats.

Accommodation

Lansdowne Mews - 18 units 9,334 sq ft (867 sq m)

Farm Mews - 13 units 5,114 sq ft (475 sq m)

12 Farm Road - large three-storey, mid-terraced house for modernisation/conversion comprising seven rooms, two bathrooms, one kitchen.

Tenancies

The Mews properties are occupied by individual tenants. Lansdowne Mews produces a rental of £77,457.12 per annum and Farm Mews £49,019.76 per annum. Total - £126,476.88 per annum.

Price

Offers in excess of £3.5 m are invited for the freehold interest, subject to the existing tenancies.

VAT

VAT, we believe is not applicable.

Legal Costs

Each party to be responsible for their own legal costs.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Crickmay, RH12 on +44 1403 453068 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Crickmay, and do not constitute property particulars. Please contact Crickmay for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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