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, 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.

Accommodation:

The approximate net internal areas measured are as follows:

Ground Floor The space includes an internal corridor, front office (1A) and rear offices (1B and 1C) with bay windows, a mid office (1D), a fitted kitchen, and a WC.: 84.26 sq m (907 sq ft)
First Floor The space includes an internal corridor, front office (1A) and rear offices (1B and 1C) with bay windows, a mid office (1D), a fitted kitchen, and a WC.: 77.20 sq m (831 sq ft)
Second Floor The space includes front office (2A), rear offices (2B and 2C), a mid office (2D), a kitchen without natural light, and a WC.: 72.19 sq m (777 sq ft)
Total: 233.65 sq m (2,515 sq ft)

Price:

On Application

Business Rates:

Rateable Value: £45450

VAT:

VAT is Not applicable

Legal Fees:

Each party to bear their own costs. Negotiated