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173 Portland Rd 379 SF of Assignment Available in Hove BN3 5QJ

ASSIGNMENT HIGHLIGHTS
- Premium Required
- Alcohol Licence
- Popular Location
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 379 SF | May 2039 | $97.23 CAD/SF/YR $8.10 CAD/SF/MO $36,849 CAD/YR $3,071 CAD/MO | TBD |
Ground
An assignment of the lease dated 15th May 2023 for a term of 16 years, lease expiry 14 May 2039. There is a tenant break option on 15 May 2029 and four yearly rent reviews, next review 15 May 2027.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Heating System
- Security System
- Secure Storage
- Energy Performance Rating - B
- Common Parts WC Facilities
- Hardwood Floors
- Smoke Detector
- Premium Required
- Popular Location
- Alcohol Licence
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 379 SF | Gross Leasable Area | 379 SF |
| Property Type | Retail | Year Built | 1930 |
| Property Subtype | Restaurant |
| Total Space Available | 379 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 379 SF |
| Year Built | 1930 |
ABOUT THE PROPERTY
Hove is located 22 miles (35 km) south of Crawley, 22 miles (35 km) west of Eastbourne and 14 miles (22 km) east of Worthing. Brighton & Hove has a resident population of 289,000. 173 Portland Road is situated on the southern side of this busy secondary parade just outside Brighton city centre, opposite the junction with Reynolds Road. Hove seafront is 0.5 miles (12 mins walk). Aldrington rail station is 0.4 miles (10 mins). A location plan and street view can be viewed online through Google Maps by typing in the following postcode: BN3 5QL. Ground floor fitted bar (refitted 2023) with full height glazed frontage and rear store and disabled W.C. Potential to install kitchen.
- Security System
- Signage
- Storage Space
- Smoke Detector
Presented by
173 Portland Rd
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