An opportunity to lease a versatile and deceptive ground floor commercial premises in the heart of Worthing Town Centre. The property provides open plan ground floor retail showroom / office accommodation with rear store, superbly fitted kitchen and small office. The property benefits from a mixture of wooden laminate and tiled flooring, spotlighting, ample electrical points, superb 25ft window frontage and is provided ready for immediate tenant fit out. To the rear of the main showroom is an enclosed storage area which could be utilised by an incoming tenant or demolished to create further parking or external display / storage area. A small concrete apron at the rear provides off road parking for up to 3 vehicles. The rear of the property is accessed via a shared driveway off Elm Road.
Historically the property has been occupied by two showroom Tenants but would suit a variety of commercial uses, subject to gaining any necessary changes in planning consents.
Location
Worthing with a population in excess of 100,000 is a popular seaside town located in between the cities of Brighton (13 miles east) and Chichester (18 miles west) on the southcoast of England. Worthing is famed for its pier and promenade and both are within 500 yards of the subject property which is situated along High Street in the heart of the town centre. Nearby Warwick Street is known for its versatile choice of independent retailers, drinking establishments and eateries. A short walk away is Montague Street, Chapel Road and South Street where major retailers such as Boots, Marks & Spencer, H&M and the new Pret A Manger are situated. Worthing mainline railway station with its regular service along the southcoast and north to London (journey time of 1 hour and 25 minutes) is located one mile to the north of the property whilst the town's major bus route passes outside the subject property.
Accommodation
The property has the following approximate floor areas:
Retail Showroom / Office Area - 886 sq ft
Kitchen / Further Showroom Area - 247 sq ft
Office - 67 sq ft
Rear Store - 250 sq ft
TOTAL AREA - 1,450 sq ft
Terms
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: £21,750 Per Annum Exclusive
Years Three - Four: £22,500 Per Annum Exclusive
Year Five: £24,000 Per Annum Exclusive
VAT is not to be charged on the quoting terms
Business Rates - According to the VOA (Valuation Office Agency) the property has a rateable value of £18,750. Interested parties are asked to contact Adur & Worthing Council directly to ascertain what relief (if any) is applicable to their business.
Legal Costs - Each party to pay their own costs incurred in this transaction
EPC - C(51)
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.
Specification
- Situated in Heart of Worthing Town Centre
- Nearby to Steyne Gardens & Popular Pier / Promenade
- Close to B&M Bargains, Waitrose Supermarket, ASK Restaurant & Host of Independent Office, Retail & Leisure Occupiers
- Suit Variety of Commercial Occupiers (stpc)
- Parking at Rear For Up To 3 Cars
- Ready For Immediate Tenant Fit Out
- Viewing Highly Recommended