TypeRetail Investments · Assured Shorthold Tenancies

BN3 158 Church Road, Hove

TenureFor sale

158 Church Road, Hove, BN3 1/20

Specification

Building size
Building size 2,538 sqft
Property type
Property type Retail Investments · Assured Shorthold Tenancies
Tenure
Tenure For sale

Description

Unbroken Freehold Mixed-use Investment In Prime Hove

The property comprises a prominent corner position and is arranged over basement, ground and upper floors and provides a well-balanced mixed-use investment, combining long-term commercial income with residential flexibility and reversionary potential.

* Ground Floor & Basement: Retail accommodation

* Upper Floors: Two self-contained residential flats

Ground floor retail unit let on a long lease to October 2042 (No Breaks)

Two self-contained flats producing further income

Additional advertising hoarding income

Total income: £50,400 per annum exclusive

Retail lease with 5-yearly upward-only rent reviews (next review October 2027)

Attractive lot size suitable for private investors

Location

The property is prominently located on Church Road, Hove's principal retail thoroughfare, benefitting from strong footfall and an affluent catchment.

The property is situated close to George Street, one of Hove's most popular pedestrianised retail s. Brighton & Hove City Council offices and Hove Town Hall are also in close proximity, supporting consistent daytime footfall.

The parade comprises a mix of local and national retailers, cafés and restaurants, providing a vibrant and well established trading environment.

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