56 Goring Road, Goring-By-Sea, Worthing, West Sussex, BN12 4AD
£178.23 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,076 sq ft
193 sq m
- SECTOR
High street retail property for sale
Key features
- Worthing is an attractive costal town and the largest in West Sussex.
- Whole building let to Mutual Services (Portsmouth) Limited, who form part of The Southern Co-operative.
- Lease expiring 24th December 2026.
- Potential to re-gear lease on ground floor commercial and sell off or let the residential upper parts.
- Passing rent of £31,000 per annum exclusive.
- Offers invited in excess of £370,000. A purchase at this level shows a net initial yield of 8.06%, after normal purchaser's costs.
Description
Whole building let to Mutual Services (Portsmouth) Limited, who form part of The Southern Co-operative.
Lease expiring 24th December 2026.
Potential to re-gear lease on ground floor commercial and sell off or let the residential upper parts.
Passing rent of £31,000 per annum exclusive.
Offers invited in excess of £370,000. A purchase at this level shows a net initial yield of 8.06%, after normal purchaser's costs.
Energy Performance Certificates
EPC CertificateBrochures
56 Goring Road, Goring-By-Sea, Worthing, West Sussex, BN12 4AD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Durrington-on-Sea Station0.4 miles
- West Worthing Station0.5 miles
- Worthing Station1.2 miles
Notes
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