2 & 2A Broadwater Street West, Worthing BN14 9DA

The subject premises comprises a single storey retail unit, with a double-glazed frontage and automated entrance door. There is a small yard to the rear, which is used for the housing of bins, air conditioning condensers and operates as a means of escape.

The premises is situated in a prominent location on Broadwater Street West, a popular and well established shopping parade situated approximately 2 miles to the north of Worthing town centre, on one of the main arterial routes into the town. There are a number of national and independent retailers, office users and public amenities situated close by.

Worthing mainline railway station with its regular services along the south coast and London is approximately 1 mile to the south. The A24 and A27 trunk roads are located 0.25 miles to the north.

We are advised the property is not elected for VAT.

Rateable Value (2023): £28,500

We understand the property has an EPC rating of B - 30

Each party to bear their own legal costs incurred.

In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.

This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.

Freehold blue-chip convenience store investment

Good frontage in busy Worthing suburb

Ground Floor comprises 235 sq m (2,539 sq ft)

Nearby occupiers include Starbucks, Co-op, Domino's Pizza & Costa

Let to Tesco Stores Limited for 15 years from 1st April 2025. Passing rent of £35,500 per annum.

Offers invited in the region of £575,000 reflecting a Net Initial Yield of 5.9% after purchasers costs.