56 Station Road

Portslade, Brighton, BN41 1DF

385 sq ft

FREEHOLD LOCK UP SHOP & BUSINESS WITH DEVELOPMENT POTENTIAL SUBJECT TO PLANNING CONSENT ON HOVE/ PORTSLADE BORDER

Summary

FREEHOLD OFFERS INVITED IN THE REGION OF £130,000
ESTABLISHED BUSINESS FOR OVER 50 YEARS
DEVELOPMENT POTENTIAL
GROUND FLOOR LOCK UP SHOP

Accommodation

The accommodation comprises the following areas:

Name	sq ft	sq m
Ground - Shop	385	35.77
Total	385	35.77

Location

The property is situated on Station Road Portslade on the parade situated between St Aubyn's Road & St Andrews Road which is South of the junction with Franklin Road & New Church Road.
Portslade Station is about a 6 minute walk away to the north whilst The Lagoon & Shoreham Port are to the south. Brighton City Centre & Hove are both located to the East whilst Shoreham & Worthing are situated to the West.

Get directions from Google Maps

Mainline Stations

Portslade

7 mins
Fishersgate

10 mins
Aldrington

22 mins
Southwick

23 mins

Underground Station

Caterham

612 mins
Tadworth

615 mins
Kingswood

619 mins
Tattenham Corner

639 mins

Further Information

Price Offers in the region of £130,000 For the benefit of the freehold interest & existing business.

Rates Payable £8.94 per annum Subject to conditions the property will qualify for 100% small business rate relief.

EPC Rating This property has been set as EPC exempt.
Reason: EPC has been commissioned, will be available in less than 28 days

Description

The property comprises a ground floor lock up shop unit that has traded as sewing machine & repairs shop for a considerable time. There is a front shop area rear office & WC. In addition to the shop which will be provided with vacant possession 2 long leasehold flats have been sold off.

Terms

Offers are invited in the region of £130,000 for both the freehold of 56 Station Road & business interest of Varney's. The freehold will include vacant possession of the ground floor whilst 56a & 56b, 2 residential flats that are sold off by way of long leases with 56B paying a ground rent of £52 per annum. We are advised that flat 56a is for a term of 210 years whilst b is for 87 years.

AML

As in accordance with regulations AML searches will need to be carried out on purchasers & there will be a charge of £50 plus VAT per person requiring a search.