41 Broadwater Street West, Worthing

41 Broadwater Street West,
Worthing, West Sussex, BN14 9BY

Under Offer
Retail

£25,000 pa

Back To Search

Superbly Presented Prominent Retail Premises in Popular Parade To Let

Location

Worthing is one of the largest towns in West Sussex with a population in excess of 105,000 and a catchment population in excess of 500,000 within a 20 mile radius. The premises are 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. Other occupiers within the local vicinity include Starbucks, KFC, Dominos Pizza, Tesco Express and Costa Coffee. There are also a number of independent retailers, office users and public amenities situated close by. The parade also benefits from high footfall from Northbrook and Worthing Sixth Form Colleges which are located close by.

Description

The premises comprise of a substantial ground floor retail premises suitable for a variety of potential commercial uses (subject to checking on any planning constraints). Internally the premises benefit from 22.5ft window frontage which is protected by an internal electric roller shutter, suspended ceiling (in part) with LED lighting, air conditioning (not tested), burglar alarm, CCTV (not tested), ample electrical and data points and luxury vinyl tile flooring throughout. At the rear of the property there are double wooden loading doors and rear access can be provided for deliveries only. The property also benefits from an open plan kitchen area and private WC. The property is ready for quick occupation if required and viewing is highly recommended.

Accomodation

Name/FloorSq FtSq MAvailability
Ground Main Retail Area68663.73Available
Ground Secondary Retail Area25323.50Available
Ground Ancillary Storage Area / Further Retail Area36734.10Available
Ground Rear Loading / Packing Area857.90Available
Total1,391129.23 

Terms

The property is available by way of a Lease Assignment for a Term of 10 years expiring 11th October 2031. The Tenant has an option to break from the lease on 12th October 2026 by providing 6 months prior written notice. The current passing rent is £25,000 Per Annum. A copy of the existing lease is available to serious applicants upon request.

Alternatively the Landlord may, subject to terms, consider a surrender of the existing FR&I lease and grant of a new lease on terms to be negotiated and agreed. Further details available upon request.

Business Rates

According to the VOA (Valuation Office Agency) the property has a Rateable Value of £14,250. It is therefore felt that some rates relief may be applicable. Interested parties are asked to contact Adur & Worthing Council directly to ascertain what relief may be applicable to them.

Summary

  • Extensive Retail Unit Ready For Immediate Tenant Fit Out
  • Nearby Occupiers Include Starbucks, Costa Coffee, KFC, Subway & Real Patisserie
  • Available By Way of Lease Assignment Until October 2031 (new lease may be available)
  • Rear Access For Deliveries Only
  • Superb 22ft Window Frontage with Electronic Security Shutter
  • Viewing Highly Recommended