Property Summary

An opportunity to purchase this end of terrace mixed-use freehold investment property. The accommodation is configured as a ground floor commercial premises, currently trading as a café with open plan seating, rear kitchen and WC. The commercial tenant has recently signed a new 20 year lease. To the first floor is a self-contained, one bedroom flat which is let out. The second-floor maisonette has been sold off on a 125 year long lease. To the side of the property is an illuminated advertising hoarding, subject to a licence agreement. To the rear, separate shared access is provided to a basement storage area which is currently vacant.

Accommodation The property has the following approximate Gross internal floor areas:
LOWER GROUND FLOOR - 65.52 sq.m. (705.26 sq.ft)
GROUND FLOOR - 58.0 sq.m. (624.30 sq,ft)
FIRST FLOOR - 46.35 sq.m. (498.90 sq.ft)
Rents RESIDENTIAL
First Floor - £1,000pcm
Second & Third Floor Maisonette - £250pax
COMMERCIAL
Ground Floor - £11,000pax
Advertising Hoarding - £1,500pax
Tenancies Available upon request
Agent Notes From 1st May 2026 fixed term Assured Shorthold Tenancies (AST) will automatically convert to Assured Periodic Tenancies.
Stepped rent on the commercial lease providing rental uplift.
Vacant basement area and potential for rental uplift if the accommodation is rented.
Second & third floor maisonette is currently on the market with a local estate agent. There is the possibility to purchase of the entirety of 98 Goldstone Villas, Hove.
VAT & Legal Fees We understand the property is not elected for VAT. Each party to bear their own legal costs incurred.

situation

The property is located on the west side of Goldstone Villas and within close proximity to Hove mainline railway station. Numerous amenities are close by including the Station Pub, various cafes and restaurants and the nearby shopping thoroughfare of George Street and Church Road, Hove. Hove lawns and Hove seafront are within walking distance.
Rateable Value Advertising Hoarding - £1,525 (April 2026)
Ground Floor Commercial - £9,900 (April 2026)
Basement - £9,000 (April 2026)
EPC's GF Commercial - B
Flat 1 - E, Flat 2 - D
Council Tax Flat 1&2 - B

private treaty - sale status

New 2026

type

On the Instructions of Executors
Mixed-Use Freehold Investment, Producing Approximately £24,750pax

description

An opportunity to purchase this end of terrace mixed-use freehold investment property. The accommodation is configured as a ground floor commercial premises, currently trading as a café with open plan seating, rear kitchen and WC. The commercial tenant has recently signed a new 20 year lease. To the first floor is a self-contained, one bedroom flat which is let out. The second-floor maisonette has been sold off on a 125 year long lease. To the side of the property is an illuminated advertising hoarding, subject to a licence agreement. To the rear, separate shared access is provided to a basement storage area which is currently vacant.

Accommodation The property has the following approximate Gross internal floor areas:
LOWER GROUND FLOOR - 65.52 sq.m. (705.26 sq.ft)
GROUND FLOOR - 58.0 sq.m. (624.30 sq,ft)
FIRST FLOOR - 46.35 sq.m. (498.90 sq.ft)
Rents RESIDENTIAL
First Floor - £1,000pcm
Second & Third Floor Maisonette - £250pax
COMMERCIAL
Ground Floor - £11,000pax
Advertising Hoarding - £1,500pax
Tenancies Available upon request
Agent Notes From 1st May 2026 fixed term Assured Shorthold Tenancies (AST) will automatically convert to Assured Periodic Tenancies.
Stepped rent on the commercial lease providing rental uplift.
Vacant basement area and potential for rental uplift if the accommodation is rented.
Second & third floor maisonette is currently on the market with a local estate agent. There is the possibility to purchase of the entirety of 98 Goldstone Villas, Hove.
VAT & Legal Fees We understand the property is not elected for VAT. Each party to bear their own legal costs incurred.