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96 Goldstone Vill 313 SF Retail Building Hove BN3 3RU $307,512 CAD ($982.47 CAD/SF)

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Investment Highlights

Located in Goldstone Villas Hove adjacent to Hove Railway Station where the ground floor shop & access to the flats above can be accessed via Ethel St
he property comprises the freehold interest of this attractive building. 4 flats above & an office building to the rear have been sold off

Nearby occupiers to the property include Tesco Express, Go Botanica, Small Batch Coffee & Snap Fitness.

Executive Summary

The property comprises the freehold interest of this attractive building. 4 flats above & an office building to the rear have been sold off by way of long leasehold interests, whilst our client has retained the freehold interest & a long leasehold interest of the ground floor for a term of 999 years from 2022 which is what we are offering. Under our clients long leasehold interest they have let the ground floor shop for a term of 4 years from 24 June 2026 to a private individual at a rent of £11,250 per annum exclusive
Offers are invited in the region of £165,000 for the freehold interest along with their long leasehold interest of the ground floor shop unit. A purchase at this level based on the income of £12,200 per annum would show a gross yield of 7.4% & a net yield of 7.25%

Brochure