Under Offer
12 -12a Boundary Road,
Hove,
East Sussex
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Retail and Leisure
966 Sq Ft (89.74 Sq M)
Location
The property is located in a corner position at the junction with Seaford Road, situated towards the southern end of Boundary Road, Hove.
Boundary Road is a popular pedestrian and vehicular thoroughfare comprising a number of established and independent retailers.
Description
E Class unit
Accommodation
The property comprises a three storey corner building.
The available accommodation is arranged over the ground floor.
We have measured the existing accommodation to have the following approximate net internal floor areas:
12 68.20 sq m ( 735 sq ft )
12a 21.50 sq m ( 231 sq ft )
Total 89.70 sq m ( 966 sq ft )
Planning
We understand that the shops benefit from Class A1 use within the Town and Country Planning (Use Classes) Order 1987 (as amended).
VAT
Rents and prices are quoted exclusive of, but may be subject to VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Terms
The property is offered with vacant possession with a guide price of £195,000 for the long leasehold interest.
The term is 125 years dated 1/12/2006 (112 years remaining) with the following ground rent structure;
£125 per annum until 25th 2030,
£250 per annum until 25th 2055,
£500 per annum until 25th 2080,
Then £1,000 per annum thereafter.
Rateable Value / Council Tax Band
Rateable Value (2023): £16,750.
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).