High Street, Shoreham-By-Sea

*** £275,000 ***

78/78A High Street BN43 5DB & 1 West Street, Shoreham-By-Sea, West Sussex BN43 5WF.

This mixed-use Freehold Investment offers a rare opportunity to acquire two well positioned
retail units located in the vibrant and highly sought after North Side of Shoreham High Street
A popular nail salon and a thriving spud café – both benefiting from excellent trade and high
footfall. The Spud Café occupies the prominent corner frontage, ensuring maximum visibility,
whilst the nail salon attracts a loyal customer base. Above is a self-contained maisonette
sold off on a long lease. Both Shop premises have been granted new leases very recently
and this offers Investors seeking a high yield, income producing asset in one of Shoreham’s
most sought after locations.

78A High Street - (Nail Salon) - Let on a full repairing and insuring lease (By way of service
charge) for a term of 6 years from the 17th May 2025 at a rent of £9,900 p.a for the first year
increasing to £10,740 per annum exclusive in year 2 with an open market rent review in year
3.
EPC:D


78 High Street - (Spud Café) - 3 year Full Repairing & Insuring lease from the 1st May 2025
at a rent of £12,000 per annum exclusive
EPC:D


1 West Street - (Residential Maisonette) Sold off on a long lease from the 1st January 1987
and ending on the 31st December 2175 at a peppercorn ground rent
EPC: E




Combined Annual rent in first year £21,900 increasing in year 2 to £22,740 per annum

Offers are invited in the region of £275,000 for this Freehold Investment showing circa
an 8% return!