Prominent Ground Floor Retail Unit To Let

2 Wallace Parade, Goring Road, Worthing, BN12 4AL

Quick Summary

£14,500 Units: 1 Floors: 1 Area: 575 sq ft Payment: Yearly Type: Commercial, Office, Retail Status: Rent Rooms: 1

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Property Description

An excellent opportunity to occupy a versatile and well presented lock-up shop situated in the popular Goring Road shopping parade.

The premises have a gross internal area of approximately 575 sq ft with accommodation comprising a good size retail/office area with window display frontage and kitchenette and WC to the rear.

The property is situated to the eastern end of the popular Goring Road shopping parade, on the junction of Goring Road and Wallace Avenue.

The parade serves the densely populated local residential area and, as well as experiencing good footfall levels, is also on one of the main vehicular arterial routes across Worthing.

Nearby occupiers include a good mix of retailers, eateries and office users with Tesco Express, Boots, Costa Coffee and Co-Op all represented within the locality.

The premises are considered suitable for a variety of different occupiers and viewing is strongly recommended.

 

ACCOMMODATION:

Maximum overall depth      37’4

Maximum overall width       17’ narrowing to 13’8

Approximate area                 575 ft2

 

Kitchenette/Tea Station

WC

 

LEASE:

We are advised that the premises are currently held under the terms of a 10-year lease from October 2018. There is a break clause in October 2021.

 

RENT:

£14,500 per annum.

 

AGENTS NOTE:

We are advised that the landlord would consider granting a new lease to an incoming tenant if required. Please call to discuss.

 

LEGAL FEES:

The ingoing tenant is to be responsible for the landlord’s legal costs unless otherwise negotiated prior to entering into an agreement.

 

VAT:

We are advised that the rent is not subject to VAT.

 

RATES:

The Rateable Value for the property is £4250 and we would therefore expect that any ingoing occupier would likely be rates exempt under the Small Business Rate Relief. Interest parties are advised to make their own enquiries with the local authority.

 

VIEWING:

Strictly by appointment with Spratt & Son.

 

ENERGY PERFORMANCE CERTIFICATE:

The Energy Performance Asset Rating for the property is E:107.

Copies of the EPC and accompanying Recommendation Report are available upon request.

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