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Investment for sale

117-118 Western Road, Hove, East Sussex, BN3 1DB
Contact Agent
Call Agent 01273 876200
Stiles Harold Williams Brighton
Marketed by
Stiles Harold Williams Brighton
Lees House, Dyke Rd, Brighton and Hove, Brighton BN1 3FE, UK
Properties for sale Properties to let
Available
117-118 Western Road, Hove, East Sussex, BN3 1DB
117-118 Western Road, Hove, East Sussex, BN3 1DB
117-118 Western Road, Hove, East Sussex, BN3 1DB
1 of 3
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Offers in the Region of
£515,000
117-118 Western Road, Hove, East Sussex, BN3 1DB
Contact Agent Call Agent 01273 876200

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
All commercial properties for sale in Hove
Stiles Harold Williams Brighton
Marketed by
Stiles Harold Williams Brighton
Lees House, Dyke Rd, Brighton and Hove, Brighton BN1 3FE, UK
Properties for sale Properties to let

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