Boundary Road, Hove - PS&B Property Experts

FOR SALE BY AUCTION on 25th February 2026 THE PROPERTY HAS NOW BEEN SOLD PRE AUCTION SUBJECT TO CONTRACT Auction Guide £700,000 Significant high yielding freehold investment let to Iceland Foods Ltd on a new 5 years lease (break clause at the end of the third year) at a passing rent of £56,000 per annum providing for an impressive 8% return. Over two floors that provide for approximately just over 7,750 square foot, the main shopping area occupies the entire ground floor whilst the first floor includes storage and staff facilities. There is also a lift serving both floors. Subject to the usual required consents, it is considered that development of the flat roof may be suitable for the future inclusion of flats. Situated within this highly popular and sought after location of Boundary Road. With a vast amount of daily passing footfall, the property is adjacent Portslade mainline railway station and bus services. Other local business both benefit and compliment. Please note fees are payable in respect of the sale of this property, please refer to Auctioneer for details. ALL MEASUREMENTS AND FLOORPLANS ARE APPROXIMATE, FOR ILLUSTRATION/GUIDANCE PURPOSES ONLY AND ARE NOT TO BE RELIED UPON.