Brougham Road, Worthing, West Sussex, BN11

GBP 700000 For Sale

Property Details

Property Type

N/A

Description

Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • Unbroken parade • High yield potential

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Edgware

Full 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 shops have an ERV of £8,500 p.a. based on the size and rates being paid by nearby occupiers, bringing the total ERV to £65,000.

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 £45,550 * Total ERV £65,000

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.

Location

Address

Brougham Road, Worthing, West Sussex, BN11

City

West Sussex

Features and Finishes

Unbroken parade, High yield potential

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Real Estate Broker
Vanderwald Estates Ltd, Edgware
Brokerage
Vanderwald Estates Ltd, Edgware
Top Tags
long lease tenure total ERV 65000
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