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312 Portland Rd 592 sq ft Retail Property Hove BN3 5LP £130,000 (£219.59/sq ft)
Investment Highlights
- Freehold Investment
- Close to local amenities
- Prominent location
Executive Summary
The ground floor premises trading as a launderette is let on a commercial lease to McCanns Launderettes Limited on a term of 12 years from 13 March 2024 at a rent of £10,312 with rent reviews in 2028 and 2032. There are 2 guarantors in place.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
592 sq ft
Costar Property Class
C
Year Built
1910
Price
£130,000
Price per sq ft
£219.59
Tenancy
Single
Number of Floors
3
Plot ratio
0.19
Total Plot Size
0.07 ac
Parking
3 Spaces (5.07 Spaces per 1,000 sq ft Leased)
Frontage
18 ft on Portland Rd
Amenities
- Bus Route
- Security System
- Signage
- Storage Space
1 1
Nearby Major Retailers
1 of 3
Videos
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Photos
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Presented by
312 Portland Rd
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