7 – 13 Coronation Buildings Ham Road, Worthing BN11 2NN
Coronation Buildings, Brougham Rd, Worthing BN11 2NW, UKBasics
- Category: Retail
- Types: Cafe, Shopping parade, Warehouse
- Status: Active
- Lot size: 4606.95 sq ft
Description
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Description:
Description:
We are happy to bring to market a substantial unbroken parade of 7 shops and a rear workshop/warehouse occupying a prominent corner location. 6 shops are tenanted, as well as the warehouse. The vacant shop has an ERV of £8,500 p.a. based on the size and rates being paid by nearby occupiers, bringing the total ERV to £61,250.
Unit SQM T/A Rent Unit 7 46.17 The Grove Room £ 6,250.00 Unit 8 44.59 IFS Worthing Ltd £ 8,000.04 Unit 9 40.32 Eshna's Nutrition £ 7,200.00 Unit 10 44.97 The Lions Den Tattoo £ 8,000.00 Unit 11 38.83 Scent Sational Gifts £ 7,999.92 Unit 12 36.23 The Rise Café £ 7,200.00 Unit 13 50.1 Vacant Warehouse 127 £ 8,100.00 Total 428.21 £ 52,749.96 Key Features:
- Tenure – Long lease
- Substantial unbroken parade comprising 7 shops and a warehouse
- Premises totals 428 sqm / 4,606.95 sqf
- Current rental income of £52,749.96
- Total ERV £61,250
Location:
Worthing is a popular seaside town located on the south coast, 12 miles west of Brighton. East Worthing Rail Station is within 550m of the property and provides regular services to London Victoria (fastest journey 1 hr 30 mins), Portsmouth and Brighton.
Occupiers close by include Ford, Nissan, Co-op Food and Jewsons amongst a variety of local operators in and otherwise mixed commercial and residential area.
Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.
