Summary

Property Type Investment
Tenure For Sale
Size  
Price Offers in the region of £1,500,000
Rates Payable Upon Enquiry
Service Charge n/a
Estate Charge n/a
  • Long Lease
  • Fully refurbished
  • Secure Income

About

The property comprises of a fully refurbished C2 use building with 8x self-contained units and rear office space, on a new 10 year IRI lease from 2024 with no breaks, on a passing rental of £105,000pax.

The lease has 4 & 7year RPI linked, upward only reviews capped at 10%.

Ashwood, Worthing, Investment For Sale - 13

Accommodation

Namesq ftsq mAvailability
Building 2,593.16 240.91 Available
Total2,593.16240.91

Location

The property is located on the North side of Chesswood Road, Worthing just outside of the main town centre, with East Worthing railway station a short walk from the property. There is easy access to the main A259 & A27 trunk roads.

Get directions from Google Maps

Ashwood - 12

Further Information

  • Terms

    Offers are invited in the region of £1.5m for the freehold interest subject to the existing lease in place.