21 Victoria Terrace, Hove, BN3 2WB

Property Details: • Type: 344 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Currently Producing £11,000 PAX • Seafront Location

Location: • Nearest Station: Hove Station • Distance to Station: 0.7 miles

Agent Information: • Address: Clarence House, North Street BN1 1EB

Full Description: DescriptionGround floor retail shop currently let to kitchen/ cabinet firm, property includes freehold of the building with residential parts sold off on long-lease with peppercorn ground rent. The current tenant has been in occupation since 2009, following the most recent review in February 2022 the passing rent was improved to £11,000pax with the tenant renewing for another 5 year term.LocationThe property is located on Victoria Terrace in Hove, East Sussex, situated within a parade of commercial units with main seafront just behind the property.ViewingsViewings can be arranged via the vendors Sole Agent - Newlands PropertyTermsOffers are invited in the region of £125,000 for the freehold of the property, subject to the current lease in place.