Retail premises for sale in Ham Raod, Worthing BN11

£700,000 (£151.98/sq. ft)
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Retail premises for sale

4,606 sq. ft*

Property description

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.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Vanderwald, E5 on +44 1582 936564 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Vanderwald, and do not constitute property particulars. Please contact Vanderwald for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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