123-129 Portland Rd - Storefront FOR SALE


Hove, ESX BN3 5QY
$2,400,000 USD
207-543-6890
123-129 Portland Rd, Hove, ESX for Sale
$2,400,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

123-129 Portland Rd
Hove, ESX BN3 5QY


HIGHLIGHTS

  • Hove is a densely populated and popular seaside resort located on the East Sussex coast approx. 2 miles west of Brighton
  • Hove benefits from good road communications via the A27 which provides direct access to the A283 and the A23, and in turn the M23 Motorway
  • Both Hove and Aldrington Rail Stations provide regular rail services to Brighton, Chichester, Southampton Central and London Victoria
  • The property is situated in a predominantly residential area on the north side of Portland Road
  • Occupiers close by include Co-op Food, Post Office and Ladbrokes together with a wide variety of local businesses

OVERVIEW

Lot 18 is available for sale at an Allsop online auction to be held on Thursday 20th of March 2025. The property comprises an investment opportunity for sale. The asking price is £2,400,000, representing a gross initial yield of 7.7%.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$328 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

ESX306463,ESX328499,ESX373089,ESX383274,ESX383547

ASK ABOUT THIS PROPERTY

Doug GuildAllsopMore Info
207-543-6890

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Doug GuildAllsopMore Info
207-543-6890

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.