26a & 26b Station Road, Portslade, BN41 1GB
903 to 2,483 Sq Ft / Other / Investment
For Sale
- £275,000.00
Available - Last updated: 20 June 2025
Summary
An opportunity to purchase this freehold investment property located in a prominent position in Station Road, Portslade. The accommodation is arranged as ground and lower ground floor retail unit (26a) and three self-contained two bedroom flats on the floors above (26b).
Key Points
Mixed Use Freehold InvestmentCommercial unit and three self-contained two bed flatsCommercial thoroughfareClose to Portslade Station
Tenant Details
26a Station Road – Let to British Heart Foundation and held on an effective full repairing and insuring lease for a term of 10 years from March 2014. The tenant has been holding over since expiry. There is a personal concession to the Tenant; whilst the are in occupation the rent will be reduced from £20,000 per annum exclusive to £19,000 per annum exclusive until expiry.
26b Station Road – The rear yard, first, second and third floors are held under a long lease for a term of 150 years from 29 September 2004. The current rent is £100 per annum which doubles every 33 years, rising to £1,600 at expiry. The tenant is Aston Peel Ltd.
Location
Situated in Station Road, one of the main commercial thoroughfare’s in Portslade. Portslade mainline station is close by and within walking distance and traders include Londis, Superdrug, Tesco, and Specsavers.Terms
Offers are invited in the region of the £275,000 for the freehold interest of the property (subject to existing tenancies):
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£275,000.00
| NA |
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