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186-188 Portland Rd 1,880 SF of Assignment Available in Hove BN3 5QN
ASSIGNMENT HIGHLIGHTS
- Situated on the southern side of Portland Road, Hove. Aldrington and Portslade Station are close by, and local traders include Ackerman Music
- To the rear is an enclosed yard with roller shutter access from both the property and Titian Road.
- A chance to occupy this large E class premises within Portland Road, one of the main commercial thoroughfares of Hove.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,880 SF | Negotiable | $14.20 /SF/YR $1.18 /SF/MO $26,694 /YR $2,224 /MO | Fully Repairing & Insuring |
Ground
Available by way of a lease assignment with the property held on an effective full repairing and insuring lease for term of 12 years dated June 2021, expiring June 2033. The current passing rent is £20,000 per annum exclusive. There is a tenant only break dated 2 June 2029.
- Use Class: E
- Assignment space available from current tenant
- Highly Desirable End Cap Space
- Secure Storage
- Energy Performance Rating - C
- Smoke Detector
- Enclosed yard with roller shutter access
- 44ft return frontage
- configured as mostly open plan
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 1,880 SF | Gross Leasable Area | 5,354 SF |
| Property Type | Retail | Year Built | 1953 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,880 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 5,354 SF |
| Year Built | 1953 |
ABOUT THE PROPERTY
A chance to occupy this large E class premises within Portland Road, one of the main commercial thoroughfares of Hove. The premises benefits from a 44ft return frontage and is configured as mostly open plan with front reception area and main trading space behind, alongside w/c facilities. To the rear is an enclosed yard with roller shutter access from both the property and Titian Road.
- Bus Line
- Security System
- Signage
- Wheelchair Accessible
- Public Transportation
Presented by
186-188 Portland Rd
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