For Sale By Auction | 14:30, 12 September 2019 | Lot 7

Garages at the rear of 187 Kingsway, Hove, BN3 4GL

*Guide | £275,000 + (plus fees)

  • Garages

Call the team on 01273 201989 for more information

Auction Date

Thu 12/09/2019

Auction Time

14:30

Auction Venue

The Hove Club, 28 Fourth Avenue, Hove, BN3 2PJ

Block of 6 freehold garages

A freehold block of 6 brick built garages with up and over doors and hardstanding for one car in front of each of them. They are all currently let on rolling 6 month tenancies and produce £7,440pa.

situation

The garages are situated at the southern end of Sackville Gardens, close to the junction with Kingsway, and opposite the site of the former Sackville Hotel. This is a prime residential area, close to Hove seafront.

development potential

Although planning permission was previously refused for a pair of 2 bedroom houses, a different design more in keeping with the local Conservation area might be looked upon more favourably.

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 0.3% (0.25% plus VAT) of the sale price, subject to a minimum of £660 (£550 plus VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.