Description

The property is conveniently situated at the top of High Salvington, a sought after residential area close to the South Downs National Park. Local shopping facilities are available in nearby Findon Village with Worthing town centre which is less than 4 miles away providing more comprehensive shopping facilities, mainline railway station and seafront. The A27 and A24 are closeby providing excellent road links to the surrounding areas.

This single storey property occupies a prominent corner positon and is currently arranged as two retail units with a forecourt area to the front affording space for approximately 8-10 cars. The retail units are currently let producing £10,875 per annum. It is considered the site offers the potential for significant re-development subject to necessary consents.

Approximate Floor Area: 113 SQ M

For further plans and the legal pack for the property please contact Parsons Son and Basley.

General Store & Post Office

Lease Date: 4th January 1999-3rd January 2009
Sub-Lease: Commencing 2002 and expiring on 31st December 2008
Full repairing and insuring
Status: Tenants are currently holding over at a passing rent of £6,875 per annum.

Barber Shop

Lease: 25th March 2013-24th March 2018
Rent: £4,000 per annum
Full repairing and insuring

Tenure

Freehold subject to existing tenancies.

Solicitors

Bate & Albon Solicitors
Office 11, 24 Liverpool Gardens, Worthing,
BN11 1RY
Tel: 01903 369959 Contact: Chris Albon

JOINT AUCTIONEERS:

Michael Jones & Company
www.michaeljones.co.uk

  • For Sale by Auction on 11th July 2018
  • For Further Details Please Call 01273 274014
  • Guide Price: £275,000-£300,000
  • Freehold Investment Opportunity
  • Substantial Corner Plot with Significant Development Potential (STNC) as well as increases to the cu
  • Currently Arranged as 2 x Retail Units Producing £10,875 Per Annum
  • Highly Sought After High Salvington Location

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