Under Offer Map view Street view 3 Victoria Terrace, Hove, BN3 2WB 778 Sq Ft / Other / Investment For Sale - £185,000.00 Under Offer - Last updated: 29 August 2025 SummaryComprising a retail unit that has recently been let & refurbished as a beauty salon arranged over ground floor & basement. The freehold of the property is available which is stand alone from the building situated behind. A freehold retail investment comprising Ground and Lower Ground floors with the benefit of a new lease from (offering an initial yield of more than 7%), with a review on the 5th anniversary.Key PointsRetail InvestmentFreeholdRecently completed LeaseDesirable Hove Seafront LocationGround Floor and Basement7.14% Net YieldAMLThe normal ID & proof of address will be required from all parties in the transaction.LocationLocated on Victoria Terrace, Hove on the southern side of the main seafront road. Nearby occupiers include Sugardough, and The Co-Op, with central Hove just a short walk to the north where operators such as Gails Bakery & Pizza Express are situated.TermsThe freehold interest is available to purchase for the sum of £185,000 with the benefit of the existing lease to Huyen Thi Thu Chu 29th November 2024 for a term of 10 years with provision for a 5 year rent review & a tenant only break on the 5th anniversary subject to 6 months written notice at a passing rent of £13,500pax. A Purchase at the suggested level would show a net yield of 7.14%. Property Quote Price(s) DescriptionSale typeGuide pricePrice type For Sale Freehold £185,000.00 NA Documents and links Energy performance certificate EPC Find an energy certificate GOVUK 23.pdf Floor plan ground floor.pdf be64161dc6ad6ce1f105b25cae847c09.pdf Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist