Business Summary

PRICE: £345,000 for the freehold interest

Freehold workshop premises with upper parts.

SITUATION AND DESCRIPTION

Located on a quiet street in an attractive part of the city close to Hove seafront. The area comprises a mix of residential accommodation and light industrial units; some of which have been the subject of conversion in recent years.

ACCOMMODATION

The premises comprise a part single and part two storey building currently arranged as a machine tool workshop over the ground floor area with spacious ancillary/office/storage accommodation over the first floor.

Ground Floor Workshop - 163 sq m / 1753 sq ft

First Floor Offices/Storage –

Room 1 – 7.9 sq m / 86 sq ft
Room 2 – 17 sq m / 183 sq ft
Room 3 – 13 sq m / 140 sq ft
Store – 5.1 sq m / 55 sq ft

PRICE

Offers invited in the region of £345,000 for the freehold interest.

RATEABLE VALUE £17,750

U.B.R 2011/2012: Payable: 42.6% (if eligible for small business rate relief), otherwise 43.3%.

Interested parties should enquire of the local Rating Authority as to the implications of the phasing arrangements on the amount of rates actually payable. Parties should also make enquiries concerning the implications of the small business allowance.

ENERGY PERFORMANCE CERTIFICATE

Our client has been advised that an EPC is required. Details upon request.

Property Details

Other Business Details