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 |
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%.
Name | sq ft | sq m | Availability |
Building | 2,593.16 | 240.91 | Available |
Total | 2,593.16 | 240.91 |
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.
Offers are invited in the region of £1.5m for the freehold interest subject to the existing lease in place.