An opportunity to lease a double fronted Town Centre Class E premises situated within a small shopping parade just yards away from Worthing's popular seafront.
The property is accessed via pedestrian front door leading to two interlinked premises providing open plan retail / office accommodation. To the rear of the property is a small kitchenette and WC. The property benefits from 20ft window frontage, lino flooring, spot lighting, ample electrical and data sockets and is presented to the market ready for immediate Tenant fit out.
This is seen as a rare opportunity to lease town centre versatile commercial premises with relatively low overheads and viewing is therefore highly recommended.
Location
Worthing is a popular seaside town situated to the west of Brighton (13 miles), east of Chichester (18 miles) & south of Horsham (20 miles) on the Sussex Coast with an estimated population of approx. 110,000.
The subject property is located on the sought after Rowlands Road in Worthing's "West End".
Rowlands Road is a busy thoroughfare to Worthing Town Centre with nearby occupiers including Co-Op, Blend Coffee Shop, & The Academy by Richard John. Worthing seafront with its pier and promenade is located 500 yards to the south.
The property is situated on a popular bus route whilst Worthing mainline railway station with its regular services along the coast and north to London are located 1 mile to the north.
Accommodation
The property has the following approximate floor measurements:
125 Rowlands Road - 200 sq ft
127 Rowlands Road - 298 sq ft
TOTAL AREA - 498 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:
Year One: £9,000 Per Annum Exclusive
Year Two: £10,000 Per Annum Exclusive
Year Three: £11,000 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 £6,900. It is therefore felt that subject to Tenant status that 100% small business rates relief may apply. Interested parties are asked to contact Adur & Worthing Council directly to confirm what assistance is applicable to their business.
Legal Costs - Each party to pay their own costs
EPC - C(56)
Anti-Money Laundering - In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the tenant and any beneficial owner together with evidence proof identifying the source of funds being relied upon to complete the transaction
Specification
- Situated in Worthing's "West End" Close to Seafront
- Nearby Occupiers Include Spar Convenience Store, Charles Dickins Public House & Host of Independent Retail & Office Occupiers
- New Lease Terms & Immediate Occupation Available
- Suitable For A Variety of Commercial Uses (stpc)
- Open Plan Accommodation with Kitchenette & WC to Rear
- Viewing Highly Recommended