Description:

An attractive and income-producing freehold investment opportunity situated in a prime central Hove location, moments from Church Road and within one of the town’s most established commercial and residential neighbourhoods.

Rochester House comprises a four-storey mid-terrace property arranged as a mix of well-presented office accommodation over the ground, first and second floors, with a third-floor self-contained residential apartment currently let on an informal basis.

The building is well-maintained and offers bright, modern and functional workspaces, with shared kitchenette and WC facilities throughout, providing flexibility for a range of occupiers and future reconfiguration potential, subject to the necessary consents.

This is a unique opportunity to acquire a freehold asset in central Hove with immediate income, genuine value-add potential and long-term rental and capital growth prospects in a high-demand location.

Key Features:

• Rare Freehold Investment Opportunity
• Central Hove Location
• Mixed Commercial and Residential Income
• Scope for Asset Management and Reconfiguration

Accommodation:

The approximate net internal areas measured are as follows:

Ground Floor Lobby: 7.99 sq m (86 sq ft)
Ground Floor Kitchen: 7.99 sq m (86 sq ft)
Ground Floor Office: 68.28 sq m (735 sq ft)
First Floor Kitchen: 4.55 sq m (49 sq ft)
First Floor Office: 72.65 sq m (782 sq ft)
Second Floor Kitchen: 3.62 sq m (39 sq ft)
Second Floor Office: 68.56 sq m (738 sq ft)
Third Floor One Bedroom Residential Flat: 65.03 sq m (700 sq ft)
Total: 298.67 sq m (3,215 sq ft)

Price:

Offers in the region of £1,200,000 - Please note that this figure relates to the freehold interest of the entire property, including the long leasehold interest of the residential upper parts, which will be apportioned accordingly

VAT:

VAT is Not applicable

Legal Fees:

Each party to bear their own costs

Viewings:

Strictly via prior appointment through Sole Agent Graves Jenkins (01273 70 10 70).

Anti Money Laundering:

In accordance with the Anti-Money Laundering Regulations, Graves Jenkins is required to verify the identity of all parties involved in the transaction. Prospective purchasers or tenants will be required to provide satisfactory proof of identity and address before solicitors are instructed.

Documents will be required from all relevant parties, and a charge of £40 per person will be payable where electronic identity searches are carried out.