Unit 8 English Business Park, English Close 1,814 sq ft Office Property Hove BN3 7ET £475,000 (£261.85/sq ft)

Location
The property forms part of the English Business Park in English Close which is located on the western side of Hove close to the A270 Old Shoreham Road in an established business location.
Portslade lies approximately one mile to the west and the centre of Hove is approximately one mile to the south east. The A27 Brighton by-pass, which in turn provides access onto the A23, is easily accessible via either the Hangleton link road.
There is a regular bus service along Old Shoreham Road with a bus stop close to the junction of Old Shoreham Road and English Close. Aldrington Station is in easy walking distance to the east of the property.
Description
The property comprises a three-storey purpose built modern office building, within an estate of approximately 12 units.
The ground floor is fitted out as a store which is predominantly open plan with front and rear personnel entrance and a 2.84m (w) x 2.621m (h) roller shutter to western elevation. The eaves height is 2.87m. It benefits from a painted concrete floor, blockwork party walls and LED strip lighting. There is also a DDA compliant WC and shower on this level.
The first and second floors are fitted out as open plan office accommodation and benefits from red carpets, LED lights, ceiling grid and tiles, perimeter power and data, gas heating and UPVC front and rear double glazed windows. There is also an integrated fully equipped kitchen on the first floor and a 2nd WC and shower on the 2nd floor.
There are 3 demised parking spaces and visitor parking to the front of the premises.
Energy Performance Rating
A new EPC certificate is currently being prepared and will be available shortly.
Planning
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
Taxation
Rateable Value: £21,000
Terms
We have been instructed to market the property with vacant possession and quote a price of £475,000 for the freehold interest subject to contract.
VAT
Rents and prices are quoted exclusive of, but may be subject to VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Anti-Money Laundering Regulations 2017
In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.
This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.