Skip to content
Buy
Property for sale New homes for sale Property valuation Agent valuation Investors Mortgages
Rent
Property to rent Student property to rent Built to rent property
House Prices
Sold house prices Property valuation Agent valuation Instant online valuation
Mortgages
Get started Get a Mortgage in Principle Check your affordability Remortgage Calculator Mortgage guides
Find Agent
Find estate agent
Commercial
Commercial property to rent Commercial property for sale Advertise commercial property
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Mortgage guides Overseas blog Country guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell overseas property
COMMERCIAL

Marine Parade, Worthing

£275,000
James & James Estate Agents, Ferring
PROPERTY TYPE

Retail Property (high street)

SIZE

Ask agent

72-73 Marine Parade-high (1).jpg
1

Key features

  • Freehold property for sale.
  • Prominent Marine Parade, Worthing location.
  • Long-established tenant.
  • New 20-year lease term commencing in 2025.
  • Current rental income of £22,000 per annum.
  • Attractive opportunity for private investors and property portfolios.
  • Long-term income-producing investment.
  • Asking Price - £275,000
  • Sole Agents
  • Viewing by appointment only

Description

James & James Commercial are delighted to present a freehold investment opportunity in a prime seafront location.

An excellent opportunity to acquire a freehold investment property situated on Marine Parade, Worthing, in a sought-after seafront location.

The property is let to The Last Resort, a long-established tenant who has recently committed to a further 20-year term commencing in 2025, providing the purchaser with the benefit of a long-term, secure income stream.

The property currently produces an annual rental income of £22,000 per annum, offering an attractive investment opportunity with the security of an established tenant and long-term occupational commitment.

This is an ideal acquisition for investors seeking a freehold asset with an established rental income and the benefit of a substantial lease term, minimising the uncertainty and costs associated with reletting.

EPC - avaliable upon request

Legal Fees - each party to pay their own legal costs unless otherwise agreed.

Brochures

Marine Parade, Worthing

Marine Parade, Worthing

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worthing Station0.7 miles
  • West Worthing Station1.0 miles
  • East Worthing Station1.2 miles

About James & James Estate Agents, Ferring

50B Ferring Street, Ferring, Worthing, BN12 5JP

Directors Jim Bacon NAEA & James Brock NAEA along with their team bring a combined industry experience of nearly 200 years, having dealt with all areas of the property industry throughout Sussex.

Being members of Propertymark & client money protection regulatory bodies ensures professionalism and accountability. This along with having a first class reputation is at the forefront of their core values.

They believe they can bridge the gap between online & traditional high street agents whilst offering bespoke packages & fee structures tailored to individual needs.

James & James offer individually customised services. They understand that everyone's reasons for selling and letting are unique, and offer a fee structure that at no point compromises the level of service you receive, but is geared to be flexible, affordable and fair.

Video tours, quality photographs, floorplans and marketing across all the major property sites comes as standard regardless of the marketing package you opt for. Customer engagement has been totally embraced using the latest industry technology.

Customer engagement has been totally embraced using the latest industry technology.

Our clients have a 'members area' where you can interact with how the marketing of the home is progressing along with keeping a close eye on how the sale is advancing at the click of a mouse.

Alternatively, you can call into our recently refurbished high street office or reach us by phone or email.

Above all else, our commitment to customer satisfaction is at the very core of our DNA and is something we will always pride ourselves on.

Can't decide between an online agent or a high street agent? Call James & James - The best of both worlds.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 35055068. 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 James & James Estate Agents, Ferring. 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.

Email agent

Call agent

Email agent