5 Broadwater Street East, Worthing

5 Broadwater Street East,
Worthing, West Sussex, BN14 9AA

Under Offer
Leisure, Office, Retail

£40,000 pa

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Substantial Ground Floor Former Bank Premises in Popular Shopping 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 double fronted former bank premises suitable for potential retail / office / restaurant / bar use (subject to checking on any planning constraints). Internally the premises benefit from 30ft window frontage, suspended ceiling with LED lighting, air conditioning (not tested), ample electrical and data points via perimeter trunking and carpet tile flooring throughout. The Landlord would, subject to tenant status, terms and planning install a new double glazed shopfront if required. The property is ready for quick occupation if required and viewing is highly recommended.

Accomodation

Name/FloorSq FtSq MAvailability
Ground Retail / Office / Restaurant / Bar Premises2,257209.68Available

Terms

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

If the entire ground floor is too large then the Landlords would consider letting part of the ground floor (circa 910 Sq Ft) at £20,000 Per Annum. Further details are available upon request from the Landlords Agents.

Business Rates

According to the VOA (Valuation Office Agency) the property, as of April 2023, has a rateable value of £16,750. Interested parties are asked to contact the local authority to ascertain whether small business rates relief may be applicable to their business.

Summary

  • Situated in Broadwater on Busy A24 Thoroughfare
  • Nearby Occupiers Include Tesco Express, Costa Coffee, Starbucks, Real Patisserie, KFC & Subway
  • Entire Ground Floor Comprising of Former Banking Hall with Various Offices, Strong Room & Staff Welfare Facilities
  • Potential For Landlord To Install New Double Glazed Shopfront (subject to planning permission)
  • Suit Variety of Commercial Occupiers
  • Available For Quick Occupation (if required)