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312 Portland Rd 592 SF Retail Building Hove BN3 5LP $173,948 ($293.83/SF)
Investment Highlights
- Freehold Investment
- Close to local amenities
- Prominent location
Executive Summary
The ground floor premises trading as a launderette is let on a commercial lease to McCanns Launderettes Limited on a term of 12 years from 13 March 2024 at a rent of £10,312 with rent reviews in 2028 and 2032. There are 2 guarantors in place.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
592 SF
Building Class
C
Year Built
1910
Price
$173,948
Price Per SF
$293.83
Tenancy
Single
Building Height
3 Stories
Building FAR
0.19
Lot Size
0.07 AC
Parking
3 Spaces (5.07 Spaces per 1,000 SF Leased)
Frontage
18’ on Portland Rd
Amenities
- Bus Line
- Security System
- Signage
- Storage Space
1 1
Nearby Major Retailers
1 of 3
Videos
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Photos
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Street
Map
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312 Portland Rd
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