Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding, multi-let, mixed use investment forming a popular corner parade in Worthing.
Arranged over ground and first floors, the property comprises six retail units to the ground floor with three residential flats to the upper parts.
The retail units are all fully let on six separate leases to five tenants whilst the upper parts and three of the retail units are sold off on a long leasehold basis. The retail tenants comprise a mix of local businesses including a pharmacy and bakery.
The property forms a prominent corner parade at the junction of two major streets within Worthing, a popular south coast town.
Tenure
Freehold
Accommodation
Please note the approximate areas have been provided by the VOA/Vendor/EPC and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
Tenancy
Please see the tenancy schedule below for full information.
Flats 1-3 on the upper parts are all sold off for a term of 174 years from 24 June 1991 at a peppercorn rent.
Rent