Retail Space for sale in Worthing

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LOCK-UP SHOP TO LET

Worthing, West Sussex, England

    Seller Reference: 15ROW
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    Business Description
     
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    Seller Reference: 15ROW
    Request Details
    Business Description
    DESCRIPTION:
    The premises comprise a self-contained ground floor lock-up shop benefiting from a main retail area of approximately 465 sq ft, together with storage, kitchen and WCs to the rear. The premises, which are considered suitable for a variety of users, are available with the benefit of brand new lease terms and viewing is strongly recommended.

    LOCATION:
    The premises are situated in Rowlands Road, a good secondary trading position to the west of Worthing Town Centre. Nearby occupiers include a mix of independent retailers, offices and eateries.

    ACCOMMODATION:

    Main Shop
    Maximum width 16’6
    Maximum depth 28’4
    Approximate retail area 467 sq ft

    Rear room (currently partitioned)
    Maximum width 10’11
    Maximum depth 12’11
    Approximate area 140 sq ft

    • Kitchen
    • WC and shower room

    LEASE:
    The premises are available to let on a new, full repairing and insuring lease on terms to be agreed.

    RENT:
    £9,500 per annum

    LEGAL FEES:
    Ingoing tenant to be responsible for both parties’ legal costs unless otherwise negotiated prior to entering into an agreement.

    VAT:
    Under the Finance Act 1989, VAT may be chargeable on the rent or sale price and it recommended that prospective tenants or purchasers should make their own enquiries to establish whether or not VAT is chargeable prior to entering into an agreement.

    RATES:
    The Rateable Value for the property is £7,100. An ingoing occupier may be subject to Small Business Rate Relief and there would be no rates payable. All parties are advised to make their own enquiries with the local authority as to the rates they may incur.

    VIEWING:
    Strictly by appointment with Spratt & Son.

    ENERGY PERFORMANCE CERTIFICATE:
    The Energy Performance Asset Rating for the property is C.

    Copies of the EPC and Recommendation Report are available upon request.
    Tenure:
    Leasehold
    Leasehold Term:
    The premises are available under the terms of a brand new lease at a rent of £9,500 per annum.
    Listed by:
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    Legal Services

    Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

    You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

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