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Brougham Road, Worthing, West Sussex, BN11

£700,000

£151.84 per sq ft

Business rates & charges may apply

Vanderwald Estates Ltd, Edgware
SIZE AVAILABLE

4,610 sq ft

428 sq m

SECTOR

Out-of-town retail property for sale

Key features

  • Unbroken parade
  • High yield potential

Description

We are happy to bring to market a substantial unbroken parade of 7 shops and a rear workshop/warehouse occupying a prominent corner location. 6 shops are tenanted, as well as the warehouse. The vacant shops have an ERV of £8,500 p.a. based on the size and rates being paid by nearby occupiers, bringing the total ERV to £65,000.

Key Features:
* Tenure - Long lease
* Substantial unbroken parade comprising 7 shops and a warehouse
* Premises totals 428 sqm / 4,606.95 sqf
* Current rental income of £45,550
* Total ERV £65,000

Location:
Worthing is a popular seaside town located on the south coast, 12 miles west of Brighton. East
Worthing Rail Station is within 550m of the property and provides regular services to London Victoria
(fastest journey 1 hr 30 mins), Portsmouth and Brighton.

Occupiers close by include Ford, Nissan, Co-op Food and Jewsons amongst a variety of local
operators in and otherwise mixed commercial and residential area.

Vanderwald Estates have represented the information here based on information provided by
the vendor. All potential buyers should only rely on their own due diligence and inspections.

Brochures

Brougham Road, Worthing, West Sussex, BN11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • East Worthing Station0.4 miles
  • Worthing Station1.1 miles
  • Lancing Station1.4 miles

About Vanderwald Estates Ltd, Edgware

Edgware

Welcome to Vanderwald Estates, your trusted partner in commercial property investments.

At Vanderwald, we understand that investing in real estate is a significant decision, one that requires expertise, precision, and a deep understanding of the market. With years of experience and a proven track record, we are your dedicated Investment Estate Agents, committed to helping you achieve your financial goals through strategic real estate investments.

Our network of property professionals, as well as buyers and sellers in the property investment market, allow us to bring you lucrative opportunities tailored to your specific investment objectives. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking guidance on your first investment, we're here to provide personalized solutions that maximize your returns.

Each asset that we bring to market is analysed internally to ensure that deal presents a genuine opportunity. This sets us apart from other agencies who simply act as middlemen.

If you are looking to divest of a property, speak to us as well to see how we can work on your behalf to help you achieve your goals.

Explore our website to to see how we can assist you, either as a buyer or a seller.

Notes

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Disclaimer - Property reference Coronation2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Vanderwald Estates Ltd, Edgware. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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