£375,000
(£412.54/sq. ft)
Retail premises for sale90 & 90A High Street, Shoreham-By-Sea, West Sussex BN43
909 sq. ft
EPC Rating: E
Just added
Freehold
About this property
Prominent High Street position
Self-contained one-bedroom flat
Centrally located
Prime thoroughfare
Two off-road parking spaces
Location
The High Street forms the principal commercial thoroughfare through Shoreham and is home to a diverse mix of independent retailers, cafés, restaurants, professional services and other occupiers, providing a vibrant town-centre environment.
Shoreham-by-Sea benefits from excellent transport connections, with the A259 running through the town centre and the A27 providing wider access to Brighton, Worthing and the surrounding Sussex region.
Shoreham-by-Sea railway station is approximately 0.3 miles from the property, providing regular rail services and convenient connections to Brighton, Worthing and London. The station is also served by a number of local bus routes, with the High Street approximately a five-minute walk away.
Description
Prominently positioned on High Street in the heart of Shoreham-by-Sea, this attractive freehold opportunity comprises a ground floor commercial unit together with a self-contained one-bedroom flat, offering an excellent opportunity for an owner-occupier, investor or purchaser seeking a mixed-use property.
The ground floor commercial accommodation is currently being marketed at £17,500 per annum exclusive and provides well-presented, flexible open-plan space with an impressive double frontage onto High Street, providing excellent visibility and good levels of passing footfall. The accommodation benefits from air conditioning, separate male and female WCs, rear access and two off-road parking spaces.
The commercial unit also benefits from the use of a basement, providing useful additional storage or ancillary accommodation. The ground floor extends to approximately 909 sq ft (84.45 sq m), with the basement providing further space.
The freehold also includes a self-contained one-bedroom flat, currently available to let at £1,100 pcm, extending to approximately 504 sq ft (46.82 sq m). The flat is currently undergoing refurbishment and is arranged with an entrance hall leading to the kitchen and bathroom, with the lounge and bedroom positioned to the front of the property. The residential accommodation provides a valuable additional income stream and further enhances the property's overall investment appeal.
The second flat within the building has previously been sold on a long lease and is therefore not included within the sale.
Once fully let, the property has the potential to produce an overall rental income of approximately £30,700 per annum, based on the current commercial and residential asking rents.
The property is well positioned within Shoreham-by-Sea town centre, with a wide range of independent retailers, cafés, restaurants and other amenities close by.
Price
Offers are invited in the region of £375,000 for the freehold interest.
Tenure Comments
The property is To Let on a new lease for a term to be agreed.
EPC
An EPC has been requested for the ground floor.
90a has an EPC rating of E - 54.
VAT
We are informed that VAT is not applicable on the terms quoted.
Use
The premises are understood to benefit from Use Classes E.& C3. However, interested parties are advised to satisfy themselves with the Planning Department regarding the suitability of their intended use.
Legal Fees
Each party is responsible for their own legal fees in this transaction.
Viewing
Strictly by appointment with Sole Agents, Jacobs Steel.
The High Street forms the principal commercial thoroughfare through Shoreham and is home to a diverse mix of independent retailers, cafés, restaurants, professional services and other occupiers, providing a vibrant town-centre environment.
Shoreham-by-Sea benefits from excellent transport connections, with the A259 running through the town centre and the A27 providing wider access to Brighton, Worthing and the surrounding Sussex region.
Shoreham-by-Sea railway station is approximately 0.3 miles from the property, providing regular rail services and convenient connections to Brighton, Worthing and London. The station is also served by a number of local bus routes, with the High Street approximately a five-minute walk away.
Description
Prominently positioned on High Street in the heart of Shoreham-by-Sea, this attractive freehold opportunity comprises a ground floor commercial unit together with a self-contained one-bedroom flat, offering an excellent opportunity for an owner-occupier, investor or purchaser seeking a mixed-use property.
The ground floor commercial accommodation is currently being marketed at £17,500 per annum exclusive and provides well-presented, flexible open-plan space with an impressive double frontage onto High Street, providing excellent visibility and good levels of passing footfall. The accommodation benefits from air conditioning, separate male and female WCs, rear access and two off-road parking spaces.
The commercial unit also benefits from the use of a basement, providing useful additional storage or ancillary accommodation. The ground floor extends to approximately 909 sq ft (84.45 sq m), with the basement providing further space.
The freehold also includes a self-contained one-bedroom flat, currently available to let at £1,100 pcm, extending to approximately 504 sq ft (46.82 sq m). The flat is currently undergoing refurbishment and is arranged with an entrance hall leading to the kitchen and bathroom, with the lounge and bedroom positioned to the front of the property. The residential accommodation provides a valuable additional income stream and further enhances the property's overall investment appeal.
The second flat within the building has previously been sold on a long lease and is therefore not included within the sale.
Once fully let, the property has the potential to produce an overall rental income of approximately £30,700 per annum, based on the current commercial and residential asking rents.
The property is well positioned within Shoreham-by-Sea town centre, with a wide range of independent retailers, cafés, restaurants and other amenities close by.
Price
Offers are invited in the region of £375,000 for the freehold interest.
Tenure Comments
The property is To Let on a new lease for a term to be agreed.
EPC
An EPC has been requested for the ground floor.
90a has an EPC rating of E - 54.
VAT
We are informed that VAT is not applicable on the terms quoted.
Use
The premises are understood to benefit from Use Classes E.& C3. However, interested parties are advised to satisfy themselves with the Planning Department regarding the suitability of their intended use.
Legal Fees
Each party is responsible for their own legal fees in this transaction.
Viewing
Strictly by appointment with Sole Agents, Jacobs Steel.
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