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56-56B Goring Rd 2,076 sq ft 100% Let Retail Property Worthing BN12 4AD £370,000 (£178.23/sq ft) 8.06% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Goring Road is approximately 1.5 miles East of Worthing Town Centre
- West Worthing railway station approximately 1 mile to the North, providing regular services along the South Coast and to London
- Serves as a bustling local High Street offering a mix of independent retailers and well-known national multiples
EXECUTIVE SUMMARY
The property comprises ground floor retail space and two self contained residential flats. The flats are accessed via a self contained entrance fronting Goring Road.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,076 sq ft
Costar Property Class
C
Year Built
1980
Price
£370,000
Price per sq ft
£178.23
Yield
8.06%
NOI
£29,822
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
1.10
Total Plot Size
0.04 ac
Frontage
18 ft on Goring Road
AMENITIES
- Smoke Detector
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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56-56B Goring Rd
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