Key Points
Location
The property is situated on the Southern side of the road at the Western End of Western Road, Hove close to Holland Road & Palmeira Square. The unit is located in a central position of this impressive block known as Hill House (previously Hill's of Hove Department Store) encompassing an array of retail units at ground floor with residential apartments above. Nearby occupiers include Cin Cin, Starbucks, Sainsbury's, Hidden Hearing, Purezza, Nostos, Sharps & The Property Pod.
Description
An impressive retail unit that has been fitted & maintained to a very high standard. Accessed via a feature glass shopfront the ground floor comprises a large, light & airy open plan space with good ceiling height. There is further basement storage where a WC & Kitchen are also located whilst there is also 2 covered parking spaces to the rear of the property.
Accommodation
Net Frontage 18'1" (5.51 M)
Gross Frontage 19'6" (5.94 M)
Ground Floor ceiling Height 11'8'' (3.55 M)
Ground Floor Sales Area 1294 sq ft (120.21 sq M)
Basement 719 sq ft (66.8 sq M)
WC
2 car parking spaces
Terms
Available by way of assignment of existing effective full repairing & insuring lease ( By way of service charge) for a term of 10 years from the 12th April 2014 at a rent of £32,000 pax. The landlords have indicated that if required they would consider granting a new longer lease.
Outgoings
Rateable Value £27,500
ubr APR 2020/2021 XXX
VAT
We understand that the building is elected for VAT & as such VAT is payable on rent & service charge.
Legal costs
Incoming tenant to make a contribution of £1500 plus VAT towards the Assignor & landlords legal costs. An unconditional undertaking to be provided prior to release of papers whether the matter proceeds to completion or not.
Service charge
A service charge is payable towards the shared costs of the building. Please ask for further information.
Parking notes
2 Car Parking Spaces.
Viewing
Through the Leaseholders agent Eightfold Property / or email max@eightfold.agency