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43 Montreal Rd 1,308 SF 100% Leased Retail Building Brighton BN2 9UY $500,593 ($382.72/SF)



Investment Highlights
- THREE STOREY, DOUBLE FRONTED BUILDING
- POTENTIAL TO CONVERT INTO FLATS SUBJECT TO NECESSARY PLANNING
- NO ONWARD CHAIN
- CURRENTLY A LAUNDRETTE WITH A TWO BEDROOM APARTMENT
- POPULAR HANOVER LOCATION
- FREEHOLD UNIT
Executive Summary
For sale via secure sale online bidding - terms and conditions apply.
The property boasts a stunning two - bedroom top floor flat and a well established commercial space, currently operating as a launderette, this is a fantastic opportunity to purchase a superb property in the popular University city of Brighton.
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £380,000.00
A fantastic Investment opportunity, the building offers flexibility and has the potential to be turned into three or four flats subject to necessary planning, by converting the loft and basement.
Montreal Road is a highly sought after and attractive road located just off Southover Street and Albion Hill, close to Queens Park in the heart of the Hanover area.
Hanover is known for its sense of community, brilliant pubs, outstanding schools and vibrantly painted Victorian houses.
The location provides easy and convenient access to Brighton General Hospital, The Royal Sussex County Hospital, Brighton Train station, where the Gatwick Express takes approx. 1 hour to get to London. A 20 minute stroll to the seafront, or to Sainsburys superstore, and 30 minutes walk into the town centre, Churchill Square.
Public transport is excellent in Brighton, with buses running at regular short intervals.
Residential space
Occupying the entire first floor is the spacious two bedroom apartment, separate kitchen, lounge, private access and access to the loft with potential to extend into STP currently rented and achieving £1,550 PCM.
Commercial space
The established Laundrette occupies the ground and basement levels and is currently producing an income of £10,800 PA.
Agents Notes Purchased as a Freehold unit Business accounts available on request
Please note we have not inspected this property.
The property boasts a stunning two - bedroom top floor flat and a well established commercial space, currently operating as a launderette, this is a fantastic opportunity to purchase a superb property in the popular University city of Brighton.
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £380,000.00
A fantastic Investment opportunity, the building offers flexibility and has the potential to be turned into three or four flats subject to necessary planning, by converting the loft and basement.
Montreal Road is a highly sought after and attractive road located just off Southover Street and Albion Hill, close to Queens Park in the heart of the Hanover area.
Hanover is known for its sense of community, brilliant pubs, outstanding schools and vibrantly painted Victorian houses.
The location provides easy and convenient access to Brighton General Hospital, The Royal Sussex County Hospital, Brighton Train station, where the Gatwick Express takes approx. 1 hour to get to London. A 20 minute stroll to the seafront, or to Sainsburys superstore, and 30 minutes walk into the town centre, Churchill Square.
Public transport is excellent in Brighton, with buses running at regular short intervals.
Residential space
Occupying the entire first floor is the spacious two bedroom apartment, separate kitchen, lounge, private access and access to the loft with potential to extend into STP currently rented and achieving £1,550 PCM.
Commercial space
The established Laundrette occupies the ground and basement levels and is currently producing an income of £10,800 PA.
Agents Notes Purchased as a Freehold unit Business accounts available on request
Please note we have not inspected this property.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,308 SF
Year Built
1990
Price
$500,593
Price Per SF
$382.72
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.30
Lot Size
0.02 AC
Frontage
23’ on Montreal Road
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Nearby Major Retailers
1 of 8
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43 Montreal Rd
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