Offers in region of
£700,000
Property for salePortslade BN41
Freehold
About this property
Freehold
Mix use property investment opportunity
Producing a total £43,950 per annum
Located in a popular shopping thoroughfare
Readily accessible to Portslade train station and City Centre
Total of 5 spaces
A mixed use investment property located on popular shopping thoroughfare being readily accessible to Portslade railway station and bus services to Brighton and Hove City Centres.
Comprising on the Ground Floor Shop premises A1/A2 use (4845 sq ft) currently let and producing £14,500 pa and with 2 off road parking spaces to the front and 3 to the rear.
To the rear approached via Vale Road and an external staircase a first floor studio flat (247 sqft) comprising a recently refurbished bedsitting room with open plan kitchen, shower room let on AST and producing £800 per month. A second and third floor maisonette (1388 sqft) again, recently refurbished comprising 3 bedrooms, shower room, cloak room, 20 x 16 sitting room, kitchen, car space, currently let on AST and producing £1650 per month.
Mobile signal/coverage: Good.
Flooded in the last 5 years: No.
Does the property have flood defences?
No.
Building Safety: None of the above.
Water source: Direct mains water.
Electricity source: National Grid.
Sewerage arrangements: Standard UK domestic.
Heating Supply: Central heating (gas).
Broadband internet type: Cable.
Does the property have required access (easements, servitudes, or wayleaves)?
Yes.
Do any public rights of way affect your your property or its grounds?
Yes.
Parking Availability: Yes.
Comprising on the Ground Floor Shop premises A1/A2 use (4845 sq ft) currently let and producing £14,500 pa and with 2 off road parking spaces to the front and 3 to the rear.
To the rear approached via Vale Road and an external staircase a first floor studio flat (247 sqft) comprising a recently refurbished bedsitting room with open plan kitchen, shower room let on AST and producing £800 per month. A second and third floor maisonette (1388 sqft) again, recently refurbished comprising 3 bedrooms, shower room, cloak room, 20 x 16 sitting room, kitchen, car space, currently let on AST and producing £1650 per month.
Mobile signal/coverage: Good.
Flooded in the last 5 years: No.
Does the property have flood defences?
No.
Building Safety: None of the above.
Water source: Direct mains water.
Electricity source: National Grid.
Sewerage arrangements: Standard UK domestic.
Heating Supply: Central heating (gas).
Broadband internet type: Cable.
Does the property have required access (easements, servitudes, or wayleaves)?
Yes.
Do any public rights of way affect your your property or its grounds?
Yes.
Parking Availability: Yes.
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Monthly repayment
£3,501 per month
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