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5 Warwick St 1,501 sq ft Retail Property Worthing BN11 3DF £310,000 (£206.53/sq ft)
INVESTMENT HIGHLIGHTS
- Prime town centre position on Warwick Street, surrounded by a vibrant mix of independent retailers, restaurants, and leisure amenities
- Excellent transport links with Worthing mainline railway station one mile away, offering direct services to London and the south coast
- Close proximity to national high street brands, including Boots, Marks & Spencer, H&M, and Pret A Manger, enhancing footfall and tenant appeal
EXECUTIVE SUMMARY
This property is offered for sale freehold, subject to an existing FR&I lease to a private individual for a term of 10 years from April 2019, currently generating £18,000 per annum. The asset presents excellent management potential, with scope to enhance value through reconfiguration or rental uplift. The guide price is £310,000, and VAT is not applicable. Both commercial and residential elements are fully let, providing immediate income for investors. Early viewing is recommended to appreciate the potential and location of this rare town centre investment.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Property Size
1,501 sq ft
Costar Property Class
C
Year Built
1910
Price
£310,000
Price per sq ft
£206.53
Tenancy
Single
Number of Floors
4
Frontage
20 ft on Warwick Street
AMENITIES
- Security System
- Signage
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NEARBY MAJOR RETAILERS
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5 Warwick St
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