56 Station Rd 385 sq ft 100% Let Retail Property Hove BN41 1DF £130,000 (£337.66/sq ft)

The property is situated on Station Road Portslade on the parade situated between St Aubyn's Road & St Andrews Road which is South of the junction with Franklin Road & New Church Road. Portslade Station is about a 6 minute walk away to the north whilst The Lagoon & Shoreham Port are to the south. Brighton City Centre & Hove are both located to the East whilst Shoreham & Worthing are situated to the West.
FREEHOLD LOCK UP SHOP & BUSINESS WITH DEVELOPMENT POTENTIAL SUBJECT TO PLANNING CONSENT ON HOVE/ PORTSLADE BORDER The property comprises a ground floor lock up shop unit that has traded as sewing machine & repairs shop for a considerable time. There is a front shop area rear office & WC. In addition to the shop which will be provided with vacant possession 2 long leasehold flats have been sold off.
FREEHOLD OFFERS INVITED IN THE REGION OF £130,000 ESTABLISHED BUSINESS FOR OVER 50 YEARS DEVELOPMENT POTENTIAL GROUND FLOOR LOCK UP SHOP Offers are invited in the region of £130,000 for both the freehold of 56 Station Road & business interest of Varney's. The freehold will include vacant possession of the ground floor whilst 56a & 56b, 2 residential flats that are sold off by way of long leases with 56B paying a ground rent of £52 per annum. We are advised that flat 56a is for a term of 210 years whilst b is for 87 years.