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Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A
Key Features: • For Sale by Auction 5th February • Freehold • Let to Oxfam • Future Development Potential
Location: • Nearest Station: Hove Station • Distance to Station: 0.3 miles
Agent Information: • Address: 8 The Drive, Hove, East Sussex, BN3 3JT
Full Description: **For Sale by Auction 5th February** A freehold commercial investment comprising ground floor retail accommodation with split level ancillary accommodation and rear garden. The property is currently let to Oxfam on a 3 year lease from May 2024 with a rolling tenant break option subject to 6 months notice no earlier than November 2025. Oxfam currently pay a rent of £11,000pa, but the space offers the opportunity for either an owner occupier or a developer when the tenant vacates. The first and second floor maisonette has been sold-off on a long lease. For further details, please contact the auctioneer. Buyers are advised to review the legal pack prior to bidding. The purchase price and rent payable is subject to VAT.BrochuresBlatchington Road, HoveBrochure
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