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1-5 St Martins Lane, Littlehampton, BN17 6BS

not specified / Offices

For Sale - £300,000.00

Under Offer - Last updated: 21 November 2023

Rateable Value

Smile Support & Care South Suite (First Floor) - £4,100 The Bradbury Centre (First Floor) - £3,000

Redevelopment Opportunity

Subject to planning and consents, the site could lend itself to a row of mews style houses, as seen in nearby Duke Street.

Location

The property is located within Littlehampton Town Centre with easy access to the High Street and amenities including Sainsbury's, Boots, The Post Office and Costa Coffee. The property is joined to Sainsbury's supermarket at the rear. Surrounding properties are mews and terraced houses, other commercial units with offices / residential units above, a church and a Public House. There is a parking on site, as well as further parking in St Martin's Lane carpark. Littlehampton train station is just over 0.2 miles away.

Accommodation

Ground floor – one small office sublet to a charity 

Shopmobility – three rooms of retail space, kitchen area with a disabled WC.

First Floor Office 1 – three separate offices, reception area, kitchen and WC.

First Floor Office 2 – two separate offices, reception area, kitchen and WC.

Terms

Tenancy

The whole building is let on a 12 month lease (from 02 April 2023) to a Charity on the basis as follows: Rent at a rate of £28,800 per annum, provided that in light of the fact that the Tenant enjoys charitable status, a reduced annual rent of £10,200 per annum is accepted. The Tenant sublets the two upstairs offices to commercial entities and the rent collected is £11,700 per annum.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £300,000.00 NA

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Contact agents

Adam Hinchliffe

Austin Gray

01273 068382

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