A unique opportunity to acquire a vacant leasehold office in central Hove. 174 Church Road spans over 3 storey’s and comprises of 5 offices, meeting room, storage room, kitchenette and WC. The property is accessed via the rear of the building on Vallance Road.
Situation
The building forms part of a terrace in the busy thoroughfare on the South side of Church Road, opposite Tesco Superstore. The area is populated by well-established independent and commercial traders, including restaurants, bars, and coffee shops. Hove Lawns and seafront are to the South. Numerous buses serve the area and Hove Railway Station is within walking distance, just 0.8 miles to the North - with direct links to Brighton and London.
NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU REVIEW THE LEGAL PACK AND READ THE SPECIAL CONDITIONS THOROUGHLY
Tenure
Leasehold – Term 1st May 2006 – 30th April 3005 (approximately 981 years remaining)
EPC Rating - B
Business Rates
Current rateable value (1 April 2023 to present) £20,250.
Commercial Investment
Accommodation
GROUND FLOOR - 10.43 sq.m.
FIRST FLOOR
Room 1 - 4.81 x 4.59
Kitchen - 2.39 x 2.01
Room 2 - 4.88 x 2.23
Room 3 - 8.27 x 6.56
SECOND FLOOR
WC x 2
Room 4 - 3.58 x 3.30
Room 5 - 5.95 x 4.78
THIRD FLOOR
Room 6 - 4.34 - 3.37
Room 7 - 6.61 x 3.38
Total Floor Area - 208.77sq.m.
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 1% (inc VAT) of the sale price, subject to a minimum of £1,750 (inc VAT)
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.