About the property
Key features
- GREAT INVESTMENT OPPORTUNITY
- Rarely Available
- Mixed Commercial/Residential FREEHOLD
- Planning Permission for 3-Bed House with Off-Road Parking
- Planning Application No. BH2023/03157
- Commercial can be Sold with Vacant Possession or as a Going Concern
- Potential for Sandwich Bar or Coffee Shop
- Prime Location Opposite Portslade Station
- 4-Bed HMO Above is Let at £25,000 pa
- Off-Road Parking
Material information
Property description
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Size The size of a property or land refers to its physical extent or area. Read our glossary page
1783sqft
Use Class A commercial use class refers to a classification system that categorises buildings based on their intended commercial purposes, such as offices, retail spaces, or industrial facilities. Read our glossary page
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*** GUIDE PRICE £650,000-£700,000 ***
GREAT INVESTMENT OPPORTUNITY! A mixed commercial/residential FREEHOLD investment with planning permission for a three bedroom house on the adjacent land on Worcester Villas. The commercial unit is currently run as a café by the current owners and could be sold as a going concern or with vacant possession. A well-established and successful business in a prime location directly opposite Portslade Station, the premises would also lend themselves to being a sandwich bar or coffee shop. The residential unit has an HMO licence and is currently rented to four sharers producing £25,000 per annum, including bills (excluding electric). Planning permission has been granted under application number BH2023/03157 for the erection of a three bedroom house with two bathrooms and off-road parking set back from the road.
Approach
Wall-enclosed courtyard offering customer seating area.
COMMERCIAL PREMISES: 7.60m x 4.28m (24'11" x 14'0")
Arranged as a cafe with dual aspect, accessed from Portland Road, with fully-equipped catering kitchen (3.40m x 2.88m), store room (2.39m x 2.24) and WC. Access to rear outside space leads to further storage area (5.16m x 2.82m) and side access.
MAISONETTE:
Separate street entrance, accessed via Worcester Villas.
Entrance Hall
Vestibule leads to entrance hall with stairs ascending to first floor with storage cupboard under. Lockable door to commercial premises.
Studio Room 6.67m x 4.56m (21'10" x 14'11")
Two bay windows facing Worcester Villas.
First Floor Landing
Window facing Worcester Villas.
Kitchen 2.87m x 1.94m (9'4" x 6'4")
Fitted units, stainless steel sink with mixer tap and drainer.
Shower Room
Shower enclosure with tiled surround and raised shower head, low-level WC, wash basin.
Bedroom 3.72m x 2.91m (12'2" x 9'6")
Window facing Portland Road, feature fireplace.
Bedroom 4.67m x 3.50m (15'3" x 11'5")
Dual aspect, built-in storage.
Bedroom 3.56m x 3.38m (11'8" x 11'1")
Window facing Worcester Villas.
ADJACENT LAND:
Accessed via Worcester Villas. Currently off-road parking for multiple vehicles. Planning permission granted for a three bedroom house (Application Ref: BH2023/03157).
