Marketed by
Stiles Harold Williams
Brighton
Lees House, Dyke Rd, Brighton and Hove, Brighton BN1 3FE, UK
Available
1 of 3
Offers in the Region of
£515,000
117-118 Western Road, Hove, East Sussex, BN3 1DB
Key features
- Western Road is one of the city's principal retail thoroughfares
- The two ground floor shops and their lower ground floors have been let to Cambridge Brand Vaughan Limited.
- Let on a single effective full repairing and insuring lease until 2035 with an upwards only rent review at 25/12/2030
- Well established tenant that has traded from this building from 2017
- Let until September 2035
- Passing rent of £46,000 per annum exclusive
- Offers invited in excess of £515,000. A purchase at this level shows a net initial yield of 8.53%, after normal purchaser's costs
Description
An attractive, double retail unit in an end of terrace building arranged over basement, ground, first, second and third floors.
Reference: 35291_sales
Marketed by
Stiles Harold Williams
Brighton
Lees House, Dyke Rd, Brighton and Hove, Brighton BN1 3FE, UK
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