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Retail Investments, Assured Shorthold Tenancies for Sale
Western Road, Hove, BN3
SOLD 7,294 sf
Retail Investments, Assured Shorthold Tenancies for Sale
Western Road, Hove, BN3
SOLD
A mixed commercial/residential investment consisting of two commercial units fronting Western Road, above the commercial units are nine apartments which are all currently let, all on Assured Shorthold leases. To the rear of Western Road, accessed via Donkey Mews, is the workshop. There is possible further development opportunities, subject to consent to add floors over Donkey Mews and the main building at rear.
Location
A substantial mixed commercial/residential investment located in central Hove, currently producing £192,200pa. Further potential to add new flats at rear, subject to consent.Western Road is located close to Brunswick Square and the seafront. This popular location offers an array of independent traders, restaurants and coffee shops. There is also larger commercial users close by, including Tesco, Coop, Sainsburys & Starbucks. The property is situated in Brunswick Conservation area.
Amenities
2 commercial units9 residential apartments
Workshop to the rear
Potential add further units
Rental income £192,200 pa