Summary - 99, BLATCHINGTON ROAD BN3 3YG
1 bed 1 bath Commercial Property
Freehold retail with upper-flat upside, suited to cash or specialist buyers.
Prominent high-footfall parade location opposite Co-Op supermarket
Retail unit let to Brydens Housewares Ltd until April 2026 (effective FRI)
Passing retail rent £17,250 pa; two flats provide additional rental potential
One flat let on short AST; one flat vacant and requires refurbishment
Only eight years remain on commercial lease — mortgage risk for buyers
No private garden; small plot with on-street pay-and-display parking
Victorian solid brick construction; likely no wall insulation, budget upgrades
Local area: very high crime and deprivation may affect yields
This mid-terrace mixed-use freehold at 99 Blatchington Road offers an established high-footfall parade location opposite The Co-Operative and close to Hove station — positioned for steady retail demand. The ground-floor retail is let on an effective FRI lease to Brydens Housewares Ltd until April 2026, delivering immediate income while two upper flats provide additional rental potential once refurbished and re-let.
The building is Victorian-era solid brick with double glazing and gas central heating. One flat is currently occupied on a short AST and the other is vacant and will require refurbishment to achieve the advertised rent; the retail tenant’s passing rent is £17,250 per annum. EPC documentation is out of date and a new certificate will be provided — budget for any recommended energy works.
Important practical considerations are material: the commercial lease has only eight years remaining, which is likely to restrict mortgage lending and reduce buyer pool. The area scores high for crime and local deprivation, which may affect rental yields, tenant mix and management considerations. There is no private garden or external amenity space and on-street pay-and-display parking only.
For an investor able to buy freehold with cash or specialist financing, the property represents a central town-parade asset with short-term refurb potential to increase upper-floor rents and reconfigure income streams. Factor in refurbishment costs, potential energy improvements, and the limited lease length when assessing value and exit strategy.
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