Unit 6 & 7, 196 Old Shoreham Road, Hove BN3 7EX, United Kingdom

Lot 10 · BN3 7EX · BidX1 · South East

Guide TBCguide price
Commercial
Unit 6 & 7, 196 Old Shoreham Road, Hove BN3 7EX, United Kingdom
Photo: BidX1 catalogue

Pre-bid risk check

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Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

Freehold listed

The listing indicates freehold tenure. Confirm against title and special conditions.

medium confidence, Auction listing

EPC not confirmed

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low confidence, Auction listing enrichment

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About this lot

Commercial Building; Freehold trade counter/warehouse investment producing £153,000 per annum (plus vacant unit)

Unit 6 & 7, 196 Old Shoreham Road, Hove, BN3 7EX Auction Lot 10 United Kingdom Commercial Building Commercial Guide Price* £2,250,000 + Bidder Security £20,000 *fully refundable if unsuccessful bidder Register to Bid Auction Date 20 August Bidding Opens 11:00 (GMT+1) Bidding Closes 12:45 (GMT+1) x Property Viewings Viewings have not yet been scheduled for this property. Sign in to be notified when viewings become available > Make an Offer Book Viewing Property Summary Freehold trade counter/warehouse investmentApproximately 834.84 sq m (8,983 sq ft)Possible alternative use/development - subject to necessary consentsEstablished trading park/Close to transport linksMajority let to Alliance Automotive UK LV Limited until 2031 (about 5 years left)/AAA covenantThe tenant has expressed a its desire to remain and commit to a new 10 year leaseIncludes a vacant unit previously let at £40,000 per annumCurrently producing £153,000 per annum (previous total rent received £193,000 pax) Contact Us Mat Harris Property Agent, here to help. mat.harris@bidx1.com 07732 681152 Simon Bailey Property Agent, here to help. simon.bailey@bidx1.com 07732 681156 Legal Contact Ovie Opone Vendor's Solicitor o.opone@setfords.co.uk 01273 947352 Contact Us Mat Harris Property Agent, here to help. mat.harris@bidx1.com 07732 681152 Simon Bailey Property Agent, here to help. simon.bailey@bidx1.com 07732 681156 Le…

From the BidX1 listing. Read the full listing and legal pack →

Key facts

10Lot number
CommercialUse class
FreeholdTenure
8,983 sq ftFloor area
£153K/yrPassing income
20 August 2026Auction date

Recent sold prices nearby

13 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

7 AM***** CR*****BN3 7EP£330,000
311 HA***** RO**BN3 7LR£308,750
247 HA***** RO**BN3 7LR£693,500

10 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in BN3

Evidence from 1624 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+49.6%median uplift
£67,500typical value added
3.4 yearstypical hold period

See 1624 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 1624 registered sale pairs in BN3 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

Investor angles

Investment Let

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