56 Goring Road, Goring-By-Sea, Worthing, West Sussex, BN12 4AD
Property Details
Property Type
N/A
Description
Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A
Key Features: • Worthing is an attractive coastal town and the largest in West Sussex. • Whole building let to Mutual Services (Portsmouth) Limited, who form part of The Southern Co-operative. • Lease expiring 24th December 2026. • Potential to re-gear lease on ground floor commercial and sell off or let the residential upper parts. • Passing rent of £31,000 per annum exclusive. • Offers invited in excess of £370,000. A purchase at this level shows a net initial yield of 8.06%, after normal purchaser's costs.
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 3 Liverpool Gardens, Worthing, BN11 1TF
Full Description: Worthing is an attractive costal town and the largest in West Sussex. Whole building let to Mutual Services (Portsmouth) Limited, who form part of The Southern Co-operative. Lease expiring 24th December 2026. Potential to re-gear lease on ground floor commercial and sell off or let the residential upper parts. Passing rent of £31,000 per annum exclusive. Offers invited in excess of £370,000. A purchase at this level shows a net initial yield of 8.06%, after normal purchaser's costs. Energy Performance CertificatesEPC Certificate
Location
Address
56 Goring Road, Goring-By-Sea, Worthing, West Sussex, BN12 4AD
City
Worthing
Features and Finishes
Worthing is an attractive coastal town and the largest in West Sussex., Whole building let to Mutual Services (Portsmouth) Limited, who form part of The Southern Co-operative., Lease expiring 24th December 2026., Potential to re-gear lease on ground floor commercial and sell off or let the residential upper parts., Passing rent of £31,000 per annum exclusive., Offers invited in excess of £370,000. A purchase at this level shows a net initial yield of 8.06%, after normal purchaser's costs.
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