Description

LOCATION
Situated at the north end of the secondary shopping parade in Valley Road, other occupiers within the parade include Mulberry Wines, Florist, Vets and several takeaways. Portslade is a short distance from Brighton with good access to the main coast road and A27 trunk road.

DESCRIPTION
The property comprises of a ground floor shop with two bedroom flat above along with rear garden and storage outbuilding to the side of the property

ACCOMMODATION
Measured on a net internal basis the property offers the following accommodation:
Ground floor Retail Shop area:
Residential: unmeasured

FREEHOLD / LEASE
The property is available as a whole by way of a new full repairing and insuring lease, with an asking rental of £14,000 per annum. Alternativley offers are invited in the region of £225,000 for the freehold interest.

Business Rates
Interested parties are advised to contact the local authority to confirm the rates payable and to confirm if they are eligible for any small business rates relief, the RV we are advised is £4,200.

Legal Costs
The ingoing tenant/ purchaser will be responsible for their own costs incurred in relation to the transaction.

EPC
An EPC is available for interested parties to view on request.

VAT
May be chargeable on this transaction, interested parties must make their own enquiries to confirm.

Viewing
Strictly by appointment through the landlords Agents: Parsons Son & Basley