135 Elm Grove, Brighton, East Sussex, BN2 3ES

Property Details: • Type: 487 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Situated on the Corner of Elm Grove and Bonchurch Road. • Popular Neighbourhood Parade • Lower Ground Floor Flat with Only 40 Years Remaining • Potential to Convert the Ground Floor (STNC)

Location: • Nearest Station: London Road (Brighton) Station • Distance to Station: 0.7 miles

Agent Information: • Address: 12 Chapel Road, Worthing, BN11 1BJ

Full Description: LocationLocated in the neighbourhood parade of Elm Grove, which is situated close to the busy thoroughfare of Lewes Road and within walking distance of Brighton Hospital and the Racecourse.DescriptionSituated on the corner of Elm Grove and Bonchurch Road, this three storey property is made up of a lower ground floor flat, which is sold off but benefits from a premium value due to having less than 40 years remaining. The ground floor is let to an office and income producing and the first floor flat is sold off on a 99 year lease. The ground floor commercial element is let and producing a rental income of £7,500 per annum, exclusive.PriceOffers are invited in the region of £160,000 for the freehold interest.Tenure CommentsFreeholdRentThe ground floor commercial element is let and producing a rental income of £7,500 per annum, exclusive.EPCEPC has been requested.. The property has an EPC rating of E - 111.VATWe are informed that VAT is applicable on the terms quoted.UseWe understand the premises benefit from Class E use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.Legal FeesEach party is responsible for their own legal fees in this transaction.ViewingStrictly by appointment with Sole Agents, Jacobs Steel.