Withdrawn
Withdrawn Prior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 eight retail units to the ground floor with three residential flats to the upper parts, each with a separate access from street level.
The retail units are all fully let on six separate leases to five tenants whilst the upper parts are sold off on a long leasehold basis. The retail tenants comprise a mix of local businesses including a pharmacy, barbers and bakery. The Weighted Average Unexpired Lease Term (WAULT) for the retail units is an attractive 6.77 years.
The property forms a prominent corner parade at the junction of two major streets within Worthing, a popular south coast town.
Tenure
Freehold
Tenancy
Please see the tenancy schedule for full information.
Rent