Substantial Town Centre Class E Premises With Rear Access

Location

Worthing is a busy coastal West Sussex town approximately 13 miles west of the city of Brighton and 18 miles east of the city of Chichester. The town has a population in excess of 100,000 with the town centre providing a comprehensive range of shopping outlets such as Marks & Spencers, H & M, Costa Coffee, WHSmith and Boots. The council's offices and town hall are situated 100 yards to the north in Chapel Road with immediate occupiers including KFC, Greggs and Santander Bank. The property is situated on a popular bus route whilst Worthing mainline railway station with its regular services along the south coast and north to London Victoria is located 5 minutes walk to the north.

Description

A rare opportunity to lease a substantial Class E premises in the heart of a popular seaside town in West Sussex.

This deceptive retail space has been home to a national charity for over two decades and would suit a variety of commercial uses, subject to gaining any necessary consents.

Accessed via both front and rear doors the property provides open plan retail accommodation with rear store room, office and kitchen. The property benefits from superb single glazed shopfront, carpet tiled floor, suspended ceiling with inset lighting, Dimplex ceiling mounted heaters (not tested), ample electrical and data points and will be presented to a new Tenant ready for their immediate fit out.

At the rear of the property accessed via Liverpool Road is a small forecourt and double doors for deliveries.

Accommodation

The property has the following approximate measurements:

Main Retail Area	2,087 Sq Ft
Storage	310 Sq Ft
Delivery Area	230 Sq Ft
Kitchen	65 Sq Ft
Office	100 Sq Ft
TOTAL AREA	2,792 Sq Ft

Terms

The property is available by way of a new effective FR&I Lease with terms to be negotiated and agreed.

Rent & VAT

The property is available by way of a stepped rent as follows:

Years One - Two: £30,000 Per Annum Exclusive
Years Three - Four: £32,500 Per Annum Exclusive
Year Five: £35,000 Per Annum Exclusive

VAT is to be charged on the quoting terms

Business Rates

According to the VOA (Valuation Office Agency) the property has a rateable value of £25,500. Interested parties are asked to contact Adur & Worthing Council to discuss what relief, if any, is applicable to their business.

Legal Costs

Each party to pay their own legal costs

EPC

C(66)

Anti-Money Laundering

In accordance with anti-money laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction

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