£450,000
Land for saleBlatchington Road, Hove BN3
8 receptions
Just added
Freehold
About this property
Commercial premises
Lower ground floor independent office
6 further rooms currently let on 5 tenancies
Communal kitchen
Two cloakrooms
Current annual income
Central location
Freehold
Outside space
A superb opportunity to acquire a commercial freehold investment occupying a highly convenient and sought after central Hove location, within just a few minutes’ walk of Hove mainline railway station and the seafront.
The building offers versatile accommodation arranged over four floors and represents an attractive proposition for investors seeking an established, income producing asset. The lower ground floor comprises an independent office with the considerable benefit of its own private street entrance, providing a self contained workspace separate from the remainder of the building.
Across the ground, first and top floors, the accommodation is arranged as six individual rooms currently occupied under five separate serviced tenancies, together with a communal kitchen and two cloakrooms. All rooms are presently let, generating a combined gross annual income of approximately £36,960 per annum, providing an incoming purchaser with an established revenue stream.
A superb opportunity to acquire a commercial freehold investment occupying a highly convenient and sought after central Hove location, within just a few minutes' walk of Hove mainline railway station and the seafront.
The building offers versatile accommodation arranged over four floors and represents an attractive proposition for investors seeking an established, income producing asset. The lower ground floor comprises an independent office with the considerable benefit of its own private street entrance, providing a self contained workspace separate from the remainder of the building.
Across the ground, first and top floors, the accommodation is arranged as six individual rooms currently occupied under five separate tenancies, together with a communal kitchen and two cloakrooms. All rooms are presently let, generating a combined gross annual income of approximately £36,960 per annum, providing an incoming purchaser with an immediate and established revenue stream.
A particular advantage of the property is that it is already fully operational as an investment, with established and long standing tenants in situ, making this an appealing acquisition for those seeking to add a proven commercial asset to their portfolio without the initial uncertainty associated with securing occupiers.
The location further enhances the building's investment credentials. Hove mainline railway station and Hove seafront are both readily accessible on foot, while the surrounding area offers an excellent selection of independent shops, cafés, restaurants and everyday amenities.
Combining a prominent central location, flexible accommodation, established tenancies and an existing gross income of approximately £36,960 per annum, this commercial freehold represents a compelling investment opportunity in the heart of Hove.
The building offers versatile accommodation arranged over four floors and represents an attractive proposition for investors seeking an established, income producing asset. The lower ground floor comprises an independent office with the considerable benefit of its own private street entrance, providing a self contained workspace separate from the remainder of the building.
Across the ground, first and top floors, the accommodation is arranged as six individual rooms currently occupied under five separate serviced tenancies, together with a communal kitchen and two cloakrooms. All rooms are presently let, generating a combined gross annual income of approximately £36,960 per annum, providing an incoming purchaser with an established revenue stream.
A superb opportunity to acquire a commercial freehold investment occupying a highly convenient and sought after central Hove location, within just a few minutes' walk of Hove mainline railway station and the seafront.
The building offers versatile accommodation arranged over four floors and represents an attractive proposition for investors seeking an established, income producing asset. The lower ground floor comprises an independent office with the considerable benefit of its own private street entrance, providing a self contained workspace separate from the remainder of the building.
Across the ground, first and top floors, the accommodation is arranged as six individual rooms currently occupied under five separate tenancies, together with a communal kitchen and two cloakrooms. All rooms are presently let, generating a combined gross annual income of approximately £36,960 per annum, providing an incoming purchaser with an immediate and established revenue stream.
A particular advantage of the property is that it is already fully operational as an investment, with established and long standing tenants in situ, making this an appealing acquisition for those seeking to add a proven commercial asset to their portfolio without the initial uncertainty associated with securing occupiers.
The location further enhances the building's investment credentials. Hove mainline railway station and Hove seafront are both readily accessible on foot, while the surrounding area offers an excellent selection of independent shops, cafés, restaurants and everyday amenities.
Combining a prominent central location, flexible accommodation, established tenancies and an existing gross income of approximately £36,960 per annum, this commercial freehold represents a compelling investment opportunity in the heart of Hove.
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