Commercial Property in BN14 available for sale
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Commercial Property for Sale near the BN14, Worthing

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Commercial Properties for Sale Within 5 miles of the BN14, Worthing

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 10 High St, Worthing - Retail for Sale

10 High St

Worthing, BN11 1NU

  • Retail for Sale
  • £1,150,000
  • 8,011 sq ft
  • Energy Performance: D
  • Commuter Rail
  • 24 Hour Access

Worthing Retail for Sale

A substantial premises made up of two adjoining units each with separate entrances. The building is let to Group Entertainment Ltd trading as Angels Bar & Nightclub. The premises are let on a 15 year lease at a current annual rent is currently £125,000, rising to £135,000 from 2025 for the remainder of the term. The premises are predominantly open plan and consist of a part mezzanine seating area with bar which overlooks the main dance area located on the ground floor, comprising of bar, seating booths and DJ area. An internal door leads to a further self contained bar area with dance floor and additional seating.

Contact:

Eightfold Property

Property Subtype:

Bar

Date on Market:

23/01/2024
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More details for Water Ln, Littlehampton - Land for Sale

Water Ln

Littlehampton, BN16 4EJ

  • Land for Sale
  • £3,000,000
  • 3.78 ac Plot

Littlehampton Land for Sale - Arun

The property is located to South-East of the New Cala Homes Water Lane residential development. Water Lane is situated off the Angmering by pass road and provides almost immediate access to the A259. The A27 is located less than two miles which provides communications between Chichester (17 miles), Worthing (6 miles) and Brighton (18 miles). The site will have a single point of access from within the new residential development THE DEVELOPMENT A joint development by Cala Homes and Bellway Homes. Set around a central green and featuring a children’s play area, ponds and open spaces. More than £7 million pounds has been invested in outdoor fitness and leisure, education and infrastructure through Section 106 contributions as part of the planning process. Commercial Development Land for Sale, Consent for Class B1 Use (Other Uses Considered STPC) Excellent communication links to A259 and A27 Freehold Incredibly rare opportunity to purchase Sussex employment site 3.78 acres / 1.532 Hectares Outline planning consent for 60,000 sq ft of Class B1 accommodation Offers in excess of £2,000,000 Cala Homes & Bellway Homes will be responsible for delivering the employment land services. The employment area to be sold comprises 3.78 acres / 1.532 Hectares. The outline consent allows for 6,000 square metres (64,500 sq ft). This reflects a healthy potential site density equivalent to approximately 40% The property is to be sold freehold with vacant possession. Cala Homes & Bellway Homes propose to deliver the employment zone road to base course, within seven months of start on site which is currently due for the beginning of Q3 2022. This provides an approximate timeframe for servicing the employment land at the end of Q2 2023.

Contact:

Vail Williams LLP

Property Subtype:

Commercial

Date on Market:

27/10/2022
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LoopNet UK West Sussex Worthing Commercial Properties For Sale in BN14, Worthing, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in BN14

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How many Commercial Property listings are available for sale in BN14?
There are currently 1 Commercial Properties available for sale near BN14. These BN14 Commercial Property listings have an average size of. The largest available listing in BN14 is. The thriving commercial centre and excellent transport links in BN14 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in BN14?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in BN14 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in BN14?
There is a diverse range of commercial properties available in BN14 to suit various business needs. BN14 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 BN14 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the BN14, Worthing

You searched for commercial property for sale in BN14. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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