Retail property (high street) to rent
Property description & features
- Versatile Class E Premises on Busy Town Centre Road
- Nearby Occupiers Include Whibleys Jewellers, Waitrose, Splashpoint Leisure Centre & Promenade
- Available By Way Of A New Lease
- Ready For Immediate Occupation
- Ground Floor Retail Accommodation with Basement Storage
- Viewing Highly Recommended
The premises comprises of a ground floor lock up shop with internal stairs leading to large basement store. Internally the property comprises of a deceptive ground floor retail area which is currently laid out as three separate retail spaces. The front retail section is bright and airy with Chandelier lighting, laminate flooring, double fronted single glazed window and ample electrical points. To the rear of the main retail area is a smaller area with large mirrors and seating. Further storage space follows. At the rear is a small office area and small kitchenette and WC.
The property also benefits from a large basement, which is accessed via a brick staircase. The basement is presented in good dry condition, and was previously used for storage of ladies clothing. The basement also has a small office area which is fitted with desks.
The property also benefits from a fitted intruder alarm and air conditioning (both not tested).
Location
The property is situated on the busy A259 coastal road which is one of the main arterial roads into Worthing. The property forms part of a neighbourhood shopping parade with nearby occupiers including a newsagents, cocktail bar, jewellers and a handful of independent retailers and office occupiers. The property is opposite Steyne Gardens and is within walking distance of Warwick Street and the town's main shopping precinct with its lively café culture and frequent heavy footfall. Worthing is a popular seaside town with a population in excess of 105,000 and is located between the cities of Brighton (13 miles east) and Chichester (18 miles west). The property is on a popular bus route and is 1 mile to the south of Worthing mainline railway station where regular services to London (journey time of 1 hour and 20 minutes) and along the south can be found
Terms
The property is available by way of a new effective FR&I Lease with terms to be negotiated and agreed.
Business Rates
According to the VOA (Valuation Office Agency) the property has a Rateable Value of £11,750. It is felt that subject to Tenant status 100% small business rates relief may be applicable. Interested parties are asked to contact Worthing & Adur Council to confirm what relief is available to their respective business.
Service Charge & Buildings Insurance
The property is liable for a small annual service charge. There is to be a cap of £500 in any twelve month period. Further details available upon request.
The annual buildings insurance premium for this property is currently £514.03.
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