Commercial Property in East Preston available for sale
8

Commercial Properties for Sale near East Preston

Commercial Properties for Sale Within 5 miles of the East Preston

More details for Rowlands Rd, Worthing - Leisure for Sale

Buzz Bingo - Rowlands Rd

Worthing, BN11 3JS

  • Leisure for Sale
  • £3,500,000
  • 32,670 sq ft
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More details for 56 Teville Rd, Worthing - Retail for Sale

56 Teville Rd

Worthing, BN11 1UY

  • Retail for Sale
  • £950,000
  • 2,100 sq ft

Worthing Retail for Sale

Investment Consideration: Gross Initial Yield: 8.66% Rental Income: £82,240 p.a. VAT is NOT applicable to this property Comprises ground floor shop t/a pharmacy and 2 self-contained flats at first and second floor arranged as an HMOs Retail premises benefits from display frontage to both Teville Road and Victoria Road, with 2 parking spaces at rear Situated within 1-min walk from Worthing Train Station. Occupiers nearby include Tesco, Morrisons, Restaurants and more. Property Description: Comprises ground floor corner retail shop t/a pharmacy and 2 flats on first and second floor that have each been converted to provide four letting rooms, occupied as a house in multiple occupation (HMO). The retail premises benefits from display frontage to both Teville Road and Victoria Road with 2 car parking spaces at rear, providing the following accommodation and dimensions: Ground Floor Shop: 76 sq m (818 sq ft) Open plan retail, office, storage, kitchen, wc, parking First Floor Flat: 58 sq m (624 sq ft) 4 letting rooms (1 en-suite), kitchen/dining, shared bathroom Second Floor Flat: 61 sq m (657 sq ft) 4 letting rooms (1 en-suite), kitchen/dining, shared bathroom Total GIA: 195 sq m (2,099 sq ft) Tenancy: The Retail Shop is at present let to Paydens Limited for a term of 15 Years from 20th April 2012 at a current rent of £10,000 per annum and the lease contains full repairing and insuring covenants. ERV upon reversion £15,000 p.a. Flat 1 Room 1 is at present let on AST to an Individual for a term of 12 Months from 14th July 2023 at a current rent of £9,120 p.a. Flat 1 Room 2 is at present let on AST to an Individual for a term of 12 Months from 12th August 2023 at a current rent of £9,300 p.a.. Flat 1 Room 3 is at present let on AST to an Individual for a term of 12 Months from 25th August 2023 at a current rent of £9,120 p.a. Flat 1 Room 4 is at present let on AST to an Individual for a term of 12 Months from 17th July 2023 at a current rent of £9,300 p.a. Flat 2 Room 1 is at present let on AST to an Individual for a term of 12 Months from 7th August 2023 at a current rent of £8,340 p.a. Deposit held of £801. Flat 2 Room 2 is at present let on AST to an Individual for a term of 12 Months from 31st August 2023 at a current rent of £8,880 p.a. Flat 2 Room 3 is at present let on AST to an Individual for a term of 12 Months from 14th July 2023 at a current rent of £9,300 p.a. Flat 2 Room 4 is at present let on AST to an Individual for a term of 12 Months from 12th august 2023 at a current rent of £8,880 p.a. Location: Worthing is a seaside town and borough in West Sussex, 11 miles west of Brighton and 18 miles east of Chichester. The property is situated in the town centre, 1-min walk from Worthing Train Station, providing direct and regular services to London Victoria, Brighton, Portsmouth and Southsea. Retail occupiers within short walk include Morrisons supermarket, Tesco Express, Anytime fitness, Bakery and more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

28/06/2024

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More details for Ford Airfield, Ford - Land for Sale

Ford Airfield Local Centre - Ford Airfield

Ford, BN18 0HY

  • Land for Sale
  • Price Upon Request
  • 0.58 ac Plot
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More details for 32 Goring Rd, Worthing - Retail for Sale

32 Goring Rd

Worthing, BN12 4AD

  • Retail for Sale
  • £220,000
  • 715 sq ft

Worthing Retail for Sale

A rare opportunity to acquire the freehold interest if a mixed use investment property prominently situated within the well established Goring Road shopping parade in Goring-by-Sea, one of Worthing’s most sought after suburban districts. The property compromises of a ground floor barber / hairdressers let on a commercial lease together with a self contained residential flat sold on a long lease arranged over the first and second floors. The property is to be sold by Private Treaty. The property occupies a highly visible position within a busy neighbourhood retail parade serving the surrounding residential catchment, with a mix of national, regional and independent occupiers nearby. Goring Road is recognised as one of Worthing’s principal local shopping destinations, providing a wide range of retail, café, restaurants and service users. The property is situated on Goring Road, approximately two miles west pf Worthing town centre, within the popular coastal suburb of Goring-by-Sea. The area benefits from excellent local amenities, strong residential demand and convenient access to the A259 coast road, local bus routes and Goring-by-Sea railway station. The ground floor unit is let on a commercial lease for a term of 10 years from the 10th April 2022 expiring on the 9th April 2032 to include a rent review and tenant break clause on the 10th April 2027. The current rent is £14,000 pa exclusive. A guarantor and rent deposit are in place.

Contact:

Williamson Dace Brown LLP

Property Subtype:

Shopfront Retail / Residential

Date on Market:

25/06/2026

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More details for Arndale Rd, Littlehampton - Industrial for Sale

O Y O Scheme - Arndale Rd

Littlehampton, BN17 7GA

  • Industrial for Sale
  • £235,000
  • 1,252 sq ft
  • 2 Units Available
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FAQs About Commercial Property For Sale in East Preston

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How many commercial properties are currently available for sale in East Preston?
There are currently 0 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in East Preston?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the East Preston

Market Overview for Commercial Properties in East Preston

Key information for Commercial Properties investors in East Preston and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Littlehampton £134 1,980 sq ft
Arundel £151 2,538 sq ft
Worthing £221 5,781 sq ft
Hurstpierpoint £166 17,149 sq ft
Storrington £29 20,000 sq ft

Rental Price Trends in East Preston

The price per square foot range for Commercial Properties in East Preston and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Littlehampton £107 £134 £151
Arundel £107 £151 £257
Worthing £80 £221 £387
Hurstpierpoint £130 £166 £202
Storrington £29 £29 £29

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the East Preston area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Littlehampton 1,218 sq ft 1,980 sq ft 4,198 sq ft
Arundel 723 sq ft 2,538 sq ft 6,204 sq ft
Worthing 624 sq ft 5,781 sq ft 32,670 sq ft
Hurstpierpoint 664 sq ft 17,149 sq ft 49,926 sq ft
Storrington 20,000 sq ft 20,000 sq ft 20,000 sq ft

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