Freehold Mixed Investment In Hove Producing £36,640 per annum
The building forms part of a terrace on the south side of Portland Road. This four storey property consists of a ground floor commercial unit, with w/c. Additionally there are 2 flats accessed via the rear of the building, with their own private entrances. The ground floor studio flat comprises, studio room with shower, kitchenette and separate WC.
The lower ground floor flat comprises 2 double bedrooms both with en-suite shower rooms, and an open plan kitchen/living room. The flat benefits from a private south facing garden and separate patio area. The upper maisonette has been sold off on a long lease.
Zone A - 4.4 x 4 - 17.6
Zone B - 4.2 x 4.4 (minus 1.2 x 0.4) - 18.0
Total Floor Area - 35.6 sq.m
GROUND FLOOR STUDIO
Studio Room (with Shower) - 4.7 x 2.9
Total Floor Area - 13.63 sq.m
LOWER GROUND FLOOR FLAT
Open Plan Kitchen/Living Room - 4.1 x 5
Bedroom 1 - With En-suite - 3.6 x 4.1
Bedroom 2 - With En-suite - 3.7 x 2.5
Total Floor Area - 44.51 sq.m
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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 £1,200 (£1,000 plus VAT)
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.