The property comprises vacant E-Class commercial premises occupying a prominent position on Portland Road, one of Hove’s principal retail thoroughfares. Benefiting from high levels of passing vehicular and pedestrian traffic, the premises are surrounded by a strong mix of independent retailers, local businesses and densely populated residential accommodation, including a number of apartment blocks directly opposite. The area also benefits from an affluent local demographic and convenient on-street parking immediately outside the property. Offering a ready-to-trade opportunity, the premises are suitable for a variety of commercial uses, subject to the necessary consents.
- Asking Price:
- £19,950
- Turnover:
- Not applicable
- Net Profit:
- Not applicable
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
A new full repairing and insuring lease will
be granted at a commencing rent of £16,000 per
annum, for a term of 12 years. Upward only rent
reviews will take place every 4 years.
- Leasehold Rent:
-
£16,000 per annum
- Location:
-
The property comprises vacant E-Class commercial premises occupying a prominent position on Portland Road, one of Hove’s principal retail thoroughfares. Benefiting from high levels of passing vehicular and pedestrian traffic, the premises are surrounded by a strong mix of independent retailers, local businesses and densely populated residential accommodation, including a number of apartment blocks directly opposite. The area also benefits from an affluent local demographic and convenient on-street parking immediately outside the property.
- Premises Details:
-
The property comprises a fully fitted
E-Class commercial premises presented in good
condition throughout. The front trading area
measures approximately 4.59m x 7.97m and is
arranged with a serve-over counter, customer
seating with fixed stools along the side, and a unisex
WC. To the rear is a fully equipped commercial
kitchen measuring approximately 3.21m x 3.19m,
fitted with commercial extraction and stainless steel
preparation units throughout. The premises benefit
from connected gas, electricity, and water supplies.
Beyond the kitchen is a dedicated preparation area
measuring approximately 3.65m x 3.19m,
incorporating a range of fridges, freezers, and
additional stainless steel preparation units, providing
ample storage and food preparation space. Overall,
the premises offer a well-configured and fully
equipped catering unit suitable for a range of food
and beverage operators
- Planning Consent:
-
E Class
- Energy Performance Rating:
- C
Business Operation
- Reasons for selling:
-
Vacant
