Tesco Express, Worthing

 

Dominion Road, Worthing, West Sussex, BN14 8LB

Offers in excess of
N/A
Managed
Type - Commercial
Tenant type - Supermarket
  • Tenure: Freehold
  • Gross Rent: £50,000
  • Lease Term: 20 years from Dec '13
  • VAT applicable?: Yes
  • Rent Rising to ca. £55,000 p.a. in Dec '18 (6.5%)
  • Recently refurbished property

Property Description

  • Freehold blue-chip, supermarket investment
  • The property is arranged over the ground and first floor to provide a retail unit with ancillary accommodation
  • The property was recently converted from a pub and benefits from 8 customer car parking spaces

Location Description

  • Worthing is a large seaside town with borough status in West Sussex.
  • The town has an estimated population of 104,600 and it is situated 10 miles west of Brighton.
  • The property is located on Dominion Road (B223) in a predominantly residential area.
  • Nearby occupiers include Wickes, Post Office, Londis and Alf's Motorcycles.

Additional Notes

  • The vacant upper floor has planning permission to be extended and converted into 3 flats with self-contained access. The total square footage of the flats would be 2,168 sq. ft. arranged as 2 x 1-bed and 1 x 2-bed, with a further 370 sq. ft. of roof terrace space

Tenancy & Accommodation Schedule

Tenancy & Accommodation Schedule

Your Agent for this listing

Nilesh (2)

Nilesh Patel ACA

0203 113 2142
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