Investment For Sale
Retail - Worthing
LOCATION
Worthing is a seaside town and borough in West Sussex, at the foot of the South Downs.
11 miles (18km) west of Brighton and 18 miles (29km) east of Chichester.
With a population of 113,094.
DESCRIPTION
The property is situated on Montague Street which is one of the main pedestrianized shopping areas of the town.
Nearby retailers include EE, Vodafone and H Samuel.
The property itself comprises of a retail unit of 465 Sq Ft (43.20 Sq M) at ground floor with restricted access storage at first floor.
TERMS
We are inviting offers in the region of £300,000 for the freehold interest.
TENANCY SCHEDULE
The ground floor retail unit is let to Timpson Ltd on a 5 year lease, expiring on 31st July 2029 at an annual rent of £17,500.
VIEWINGS
Strictly via the sole selling agent Cooking Rudling Ltd on 0121 212 1701
Email: mail@cookerudling.com
CODE OF PRACTICE
Cooke Rudling Ltd support the aims and objectives of the Code of Practice on Commercial Leases in England and Wales.
We strongly recommend that you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a Business Tenancy agreement.
The Code is available through professional institutions and trade associations or at the website www.commericalleasecode.co.uk
Property Features
- Retail