75 Boundary Road Portslade Hove East Sussex BN3 5TE

75 Boundary Road
Portslade
Hove
East Sussex
BN3 5TE

Freehold Retail Investment

Let to Cascade Caterers Ltd (t/a KFC) until 2019
Prominent High Street location
Short walk from Portslade Railway Station and Brighton Beach and Promenade
Neighbouring occupiers include Iceland, Boots the Chemist, Tesco, Ladbrokes and HSBC
Six week completion available

Lot
27
Auction
22nd February 2011
Rent
£20,000 per Annum Exclusive
Status
Sold
Price
£330,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

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Freehold Retail Investment

Let to Cascade Caterers Ltd (t/a KFC) until 2019
Prominent High Street location
Short walk from Portslade Railway Station and Brighton Beach and Promenade
Neighbouring occupiers include Iceland, Boots the Chemist, Tesco, Ladbrokes and HSBC
Six week completion available

Lot 27
Auction 22nd February 2011
Rent £20,000 per Annum Exclusive
Status Sold
Price £330,000
Sector
High Street Retail
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 2 miles west of Brighton; 5 miles east of Worthing; 55 miles south of London
Roads: A23, A270, A27, A259
Rail: Portslade Rail
Air: Gatwick Airport

Situation

The property is prominently situated on the east side of Boundary Road (B2194) close to the junction with Vale Road. The property is located a short distance from Portslade Railway Station and approximately 20 minutes' walk from the famous Brighton Beach and Promenade. Neighbouring occupiers include Iceland, Boots the Chemist, Oxfam, Tesco, Ladbrokes and HSBC.

Tenure

Freehold.

Location

Miles: 2 miles west of Brighton; 5 miles east of Worthing; 55 miles south of London
Roads: A23, A270, A27, A259
Rail: Portslade Rail
Air: Gatwick Airport

Situation

Tenure

Freehold.

Description

The property comprises RETAIL ACCOMMODATION on the ground floor with SELF-CONTAINED OFFICE AND ANCILLARY ACCOMMODATION on the first floor.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises RETAIL ACCOMMODATION on the ground floor with SELF-CONTAINED OFFICE AND ANCILLARY ACCOMMODATION on the first floor.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground First	Retail/Ancillary Offices/Ancillary	126.50 sq m 111.75 sq m	(1,362 sq ft) (1,203 sq ft)	CASCADE CATERERS LTD (t/a KFC) (1)	25 years from 24/06/1994 until 2019 on a full repairing and insuring lease	£20,000	2014
Totals		238.25 sq m	(2,565 sq ft)			£20,000