Property Type | Retail |
Tenure | For Sale |
Size | 320 to 680 sq ft |
Price | Offers in excess of £1,000,000 |
Rates Payable | Upon Enquiry |
Service Charge | n/a |
Estate Charge | n/a |
The property comprises of two ground floor commercial units, which will be let on a new 10 year lease with 5 year break from completion at £24,000pax. In addition there are 5x Self-contained flats all currently let on AST's.
GF Studio £830pcm, GF 1x bed £1,050pcm, FF 2x bed £1,325pcm, FF 1x bed £1,100pcm, FF Studio £830cpm
Combined income of £5,135pcm / £61,620pa.
This combined with the commercial income would provide a collective rent roll of £85,620pa.
Name | sq ft | sq m |
Ground - Shop 10 | 360 | 33.45 |
Ground - Shop 8 | 320 | 29.73 |
Total | 680 | 63.18 |
The building is located on Buckingham Road, just north of the Shoreham-by-sea railway station and crossing a highly prominent location with good level of passing footfall and traffic.
Offers are invited in excess of £1,000,000 for the freehold interest in the building, subject to the existing tenancies and lease back of the commercial element.