Short walk from Portslade Railway Station and Brighton Beach and Promenade
Neighbouring occupiers include Iceland, Boots the Chemist, Tesco, Ladbrokes and HSBC
Six week completion available
Lot 27
Auction 22nd February 2011
Rent £20,000 per Annum Exclusive
Status Sold
Price £330,000
Sector High Street Retail
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
2 miles west of Brighton
5 miles east of Worthing
55 miles south of London
Roads
A23, A270, A27, A259
Rail
Portslade Rail
Air
Gatwick Airport
Situation
The property is prominently situated on the east side of Boundary Road (B2194) close to the junction with Vale Road. The property is located a short distance from Portslade Railway Station and approximately 20 minutes' walk from the famous Brighton Beach and Promenade. Neighbouring occupiers include Iceland, Boots the Chemist, Oxfam, Tesco, Ladbrokes and HSBC.
Tenure
Freehold.
Location
Miles
2 miles west of Brighton
5 miles east of Worthing
55 miles south of London
Roads
A23, A270, A27, A259
Rail
Portslade Rail
Air
Gatwick Airport
Situation
The property is prominently situated on the east side of Boundary Road (B2194) close to the junction with Vale Road. The property is located a short distance from Portslade Railway Station and approximately 20 minutes' walk from the famous Brighton Beach and Promenade. Neighbouring occupiers include Iceland, Boots the Chemist, Oxfam, Tesco, Ladbrokes and HSBC.
Tenure
Freehold.
Description
The property comprises RETAIL ACCOMMODATION on the ground floor with SELF-CONTAINED OFFICE AND ANCILLARY ACCOMMODATION on the first floor.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises RETAIL ACCOMMODATION on the ground floor with SELF-CONTAINED OFFICE AND ANCILLARY ACCOMMODATION on the first floor.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
Ground First
Retail/Ancillary Offices/Ancillary
126.50 sq m 111.75 sq m
(1,362 sq ft) (1,203 sq ft)
CASCADE CATERERS LTD (t/a KFC) (1)
25 years from 24/06/1994 until 2019 on a full repairing and insuring lease
