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Retail Units & Shops

West Sussex

Worthing

property

Let

8-9 South Street 8-9 South Street, Worthing, BN11 3AL

Use Class

Size

2,894 sq ft

Rent pa

£40,000

Market Sector

High Street Scheme

Description

Shop and Upper Parts - To Let

The property occupies a prominent trading position on South Street, close to its junctions with Marine Parade and Montague Street, and is arranged over ground, first and second floors.

Location

Worthing is a coastal town in West Sussex with a population of 110,570 (2019 census), located 18 miles east of Chichester and 10 miles west of Brighton.

Accommodation

2,894 Sq.Ft

Dimensions

Feet

Metres

Internal Width (max)

9.1

Shop and Built Depth

41.5

12.6

Areas

Sq.Ft

Sq.M

Ground Floor Sales

1,020

94.8

First Floor Storage

789

73.3

Second Floor Storage

1,085

100

Financial

Lease Type

Existing Lease

Lease Term

The property is available by way of a new sublease at £40,000 pa, expiring 16th July 2034, with reviews 17th July 2024 and 2029 and outside the security of tenure provisions of the Landlord and Tenant Act.

Rent

Subject to contract, rental offers are invited in the region of £40000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rent Review

Next review date 2024/07

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Tenure

Leasehold

Rates

Rateable Year:

2023

Rateable Value:

£25,500.00

Rates payable:

£12,725.00

UBR:

49.9p/£

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.