For Sale
211 Portland Road,
Hove,
East Sussex,
BN3
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Retail and Leisure, D1 and Other
1,885 Sq Ft (175.12 Sq M)
Location
The property is located on the northern side of Portland Road, which is a thoroughfare linking Hove and Portslade. There is excellent transport links with regular bus services and both Hove and Portslade train stations within easy walking distance.
Description
Freehold mix use building FOR SALE
Accommodation
The property is a comer property arranged as 2 self-contained commercial units on ground and first floor.
The ground floor unit is currently vacant and was previously a café. The unit extends to the rear of the properties boundary.
The first floor is arranged as modern 3 well-appointed office suites with access form the Portland Road. There is an additional basement.
Planning
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
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
Tenure
Ground floor - vacant
First floor - 3 office suites generating £13,560 per annum
Advertising board on side of property - £1,500 per annum.
For sale with offers invited in the region of £550,000 (five hundred and fifty thousand pounds).
Rateable Value / Council Tax Band
Rateable Value 2017: £7,000.
Rateable Value 2023: £8,800.
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).
Energy Performance Rating
We understand the property to have an EPC rating of C (54).