Pharmacies for sale in the Worthing, UK

Commercial Property in Worthing available for sale

Retail Properties for Sale Near the Worthing, UK

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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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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20-22 Brighton Rd

Worthing, BN11 3ED

Retail for Sale
£595,000
2,734 sq ft

Energy Performance: C

Worthing Retail for Sale

20-22 Brighton Road let to Laughing Dog Brighton Limited (Company no 10985339) on an effective FRI lease dated 16 August 2021 for a term of ten years, next rent review 16 August 2027. Tenant break option 16 August 2027, passing rent £20,000 per annum.

Contact:

CG Spratt & Son

Property Subtype:

Shopfront Retail / Residential

Date on Market:

05/01/2026

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66 Broadwater Rd

Worthing, BN14 8AG

Retail for Sale
£375,000
1,692 sq ft

Commuter Rail

Worthing Retail for Sale

66 Broadwater Road comprises a ground floor retail unit trading as a Morrisons Daily.

Contact:

CG Spratt & Son

Property Subtype:

Shopfront Retail / Residential

Date on Market:

05/01/2026

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5 Warwick St

Worthing, BN11 3DF

Retail for Sale
£310,000
1,501 sq ft

Security System

Worthing Retail for Sale

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.