90 & 90a High Street, Shoreham-By-Sea, West Sussex, BN43 5DB

£375,000

Size

909

Tenure

Freehold

EPC

Ask agent

Parking

3

Primary use
High street retail
Other use(s)
Traditional office, High street retail, Mixed use, High street retail, Mixed use
Frontage
Ask agent

No floor / site plan

Key features

  • Prominent High Street position
  • Self-contained one-bedroom flat
  • Centrally located
  • Prime thoroughfare
  • Two off-road parking spaces

Description

Location

The High Street forms the principal commercial thoroughfare through Shoreham and is home to a diverse mix of independent retailers, cafés, restaurants, professional services and other occupiers, providing a vibrant town-centre environment.

Shoreham-by-Sea benefits from excellent transport connections, with the A259 running through the town centre and the A27 providing wider access to Brighton, Worthing and the surrounding Sussex region.

Shoreham-by-Sea railway station is approximately 0.3 miles from the property, providing regular rail services and convenient connections to Brighton, Worthing and London. The station is also served by a number of local bus routes, with the High Street approximately a five-minute walk away.

Description

Prominently positioned on High Street in the heart of Shoreham-by-Sea, this attractive freehold opportunity comprises a ground floor commercial unit together with a self-contained one-bedroom flat, offering an excellent opportunity for an owner-occupier, investor or purchaser seeking a mixed-use property.

The ground floor commercial accommodation is currently being marketed at £17,500 per annum exclusive and provides well-presented, flexible open-plan space with an impressive double frontage onto High Street, providing excellent visibility and good levels of passing footfall. The accommodation benefits from air conditioning, separate male and female WCs, rear access and two off-road parking spaces.

The commercial unit also benefits from the use of a basement, providing useful additional storage or ancillary accommodation. The ground floor extends to approximately 909 sq ft (84.45 sq m), with the basement providing further space.

The freehold also includes a self-contained one-bedroom flat, currently available to let at £1,100 pcm, extending to approximately 504 sq ft (46.82 sq m). The flat is currently undergoing refurbishment and is arranged with an entrance hall leading to the kitchen and bathroom, with the lounge and bedroom positioned to the front of the property. The residential accommodation provides a valuable additional income stream and further enhances the property's overall investment appeal.

The second flat within the building has previously been sold on a long lease and is therefore not included within the sale.

Once fully let, the property has the potential to produce an overall rental income of approximately £30,700 per annum, based on the current commercial and residential asking rents.

The property is well positioned within Shoreham-by-Sea town centre, with a wide range of independent retailers, cafés, restaurants and other amenities close by.

Price

Offers are invited in the region of £375,000 for the freehold interest.

Tenure Comments

The property is To Let on a new lease for a term to be agreed.

EPC

An EPC has been requested for the ground floor.
90a has an EPC rating of E - 54.

VAT

We are informed that VAT is not applicable on the terms quoted.

Use

The premises are understood to benefit from Use Classes E.& C3. However, interested parties are advised to satisfy themselves with the Planning Department regarding the suitability of their intended use.

Legal Fees

Each party is responsible for their own legal fees in this transaction.

Viewing

Strictly by appointment with Sole Agents,
Jacobs Steel.
Additional information
Service charge
Ask agent
Business rates
Ask agent
Use class
Ask agent
Listed building
Ask agent
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

Ask agent

Environmental data
BREEAM rating
Ask agent
Environmental description
Ask agent
Read more about energy considerations for commercial property

Brochure

90 & 90a High Street, Shoreham-By-Sea, West Sussex, BN43 5DB

NEAREST STATIONS

National Rail

Shoreham-by-Sea Station

0.31 miles

National Rail

Southwick Station

1.8 miles

National Rail

Lancing Station

2.02 miles

Your search history

You have no recent searches

Disclaimer - Property reference 1413FH. 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 Jacobs Steel Commercial, Worthing. 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.