Rare opportunity to acquire a Bar / Restaurant premises situated along the prominent Littlehampton Riverside with direct views over the River Arun.
The property comprises of a large open planned bar / restaurant with expansive floor to ceiling windows boasting uninterrupted views of the river Arun. The premises have been stripped to a shell and core condition ready for immediate tenant fit out. Towards the rear of the property is a functional kitchen complete with cooker and stainless steel preparation area. The property also boasts attractive male, female and disabled WC’s. Other benefits include 3 phase electricity and 2 allocated parking spaces.
The property would suit a party in the hospitality trade however other commercial uses will be considered subject to any necessary planning consents.
Location
The property is situated on Pier Road overlooking the River Arun close to where it joins the English Channel and opposite Littlehampton Golf Club and Arun Yacht Club.
It is on the edge of the town centre with Harbour Park Amusements, East Beach, Mussel Row restaurant & The Oyster Pond all nearby, Rustington is within walking distance on the coast road, offering delightful scenery along the coast.
Pier Road is a popular tourist location in the heart of Littlehampton, with the property close to the junction with Surrey Street and Arundel Road.
Nearby commercial occupiers include Sainsbury, Costa Coffee, Lidl and Boots. The High Street is home to the majority of national retailers, whilst Surrey Street nearby is home to more independent retailers, office occupiers and restaurants.
The High Street has, in more recent times, undergone significant regeneration with new street furniture and paving.
Littlehampton mainline railway station with its regular services along the coast and north to London (1 hour 45 minutes) is located approximately 0.25 miles from the subject property. The A259 coast road which has links with the A27 trunk road is located approximately 1 mile to the north.
Littlehampton is a popular seaside town with a population in access of 30,000 and is situated in between the cathedral city of Chichester (13 miles west) and the popular seaside resort of Worthing (9 miles east).
Accommodation
The property has the following approximate floor areas:
Bar / Restaurant Area - 1,931 sq ft
WC's - 368 sq ft
Kitchen - 340 sq ft
TOTAL AREA - 2,639 sq ft
Terms
Terms - The property is available by way of an existing lease which expires 27th February 2036. There are no further break clauses but there is an upward only market review 27th February 2031. A copy of the existing lease is available upon request.
Rent & VAT - £20,000 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 £19,000. Interested parties are asked to contact Arun District Council to discuss what assistance, if any, is available.
Legal Costs - Each party to pay their own costs
EPC - C(71)
Anti-Money Laundering - In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the tenant together with evidence/proof identifying the source of funds being relied upon to complete the transaction
Specification
- Situated on Littlehampton River Arun
- Close To Shops, Eateries, Drinking Establishments & With Direct Views of The River Arun
- Available For Immediate Occupation
- Suit Variety of Commercial Occupiers (stpc)
- Available By Way of Lease Assignment Until
- Open Plan Flexible Accommodation and 2 Allocated Parking Spaces
- Viewing Highly Recommended