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