116 & 116a Church Road, Hove, East Sussex, BN3 2EA
3,052 Sq Ft
£1,500,000
Property Features
- Rare Opportunity to Acquire a Commercial Property in Church Road
- Development Potential (STNC)
- Two Fully Fitted Premises
- Centrally Located
- Fully Income Producing with self contained 2 Bed Maisonette
Property Summary
A rare opportunity to acquire a mixed use building situated on a corner plot along Church Road and Albany Villas, Hove. The property is split into two units; the corner unit benefits from a large double frontage with recessed doorway and comprises ground floor open plan space with bar area to the rear and lower ground floor fully fitted kitchen, store room and WC.
The adjoining three storey premises and is made up of a fully fitted ground floor restaurant/bar and a generous extended ground floor covered terrace and seating area, with potential for development STNC. The first floor offers two kitchens with additional storage room. The third floor consists of a self-contained two bedroom apartment which can be accessed internally or via an external staircase.
The property is fully let and income producing and generating an attractive rental income of £24,200 per annum, exclusive for 116a and £65,000 per annum, exclusive for 116.
The adjoining three storey premises and is made up of a fully fitted ground floor restaurant/bar and a generous extended ground floor covered terrace and seating area, with potential for development STNC. The first floor offers two kitchens with additional storage room. The third floor consists of a self-contained two bedroom apartment which can be accessed internally or via an external staircase.
The property is fully let and income producing and generating an attractive rental income of £24,200 per annum, exclusive for 116a and £65,000 per annum, exclusive for 116.