£700,000
(£151.98/sq. ft)
Retail premises for saleHam Raod, Worthing BN11
4,606 sq. ft
About this property
Description:
We are happy to bring to market a substantial unbroken parade of 7 shops and a rear workshop/warehouse occupying a prominent corner location. 6 shops are tenanted, as well as the warehouse. The vacant shop has an erv of £8,500 p.a. Based on the size and rates being paid by nearby occupiers, bringing the total erv to £61,250.
Key Features:
• Tenure: Long lease
• Substantial unbroken parade comprising 7 shops and a warehouse
• Premises totals 428 sqm / 4,606.95 sqf
• Current rental income of £52,749.96
• Total erv £61,250
Location:
Worthing is a popular seaside town located on the south coast, 12 miles west of Brighton. East Worthing Rail Station is within 550m of the property and provides regular services to London Victoria (fastest journey 1 hr 30 mins), Portsmouth and Brighton.
Occupiers close by include Ford, Nissan, Co-op Food and Jewsons amongst a variety of local operators in and otherwise mixed commercial and residential area.
Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.
We are happy to bring to market a substantial unbroken parade of 7 shops and a rear workshop/warehouse occupying a prominent corner location. 6 shops are tenanted, as well as the warehouse. The vacant shop has an erv of £8,500 p.a. Based on the size and rates being paid by nearby occupiers, bringing the total erv to £61,250.
Key Features:
• Tenure: Long lease
• Substantial unbroken parade comprising 7 shops and a warehouse
• Premises totals 428 sqm / 4,606.95 sqf
• Current rental income of £52,749.96
• Total erv £61,250
Location:
Worthing is a popular seaside town located on the south coast, 12 miles west of Brighton. East Worthing Rail Station is within 550m of the property and provides regular services to London Victoria (fastest journey 1 hr 30 mins), Portsmouth and Brighton.
Occupiers close by include Ford, Nissan, Co-op Food and Jewsons amongst a variety of local operators in and otherwise mixed commercial and residential area.
Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.
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