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Retail Investments, Assured Shorthold Tenancies for Sale
High Street, Littlehampton, BN17
Under offerRetail Investments, Assured Shorthold Tenancies for Sale
High Street, Littlehampton, BN17
Under offer
A substantial Freehold building comprising retail premises with display frontage onto the High Street with offices to the first floor (unused by tenant). There is a rear entrance and yard / parking area for deliveries.
Commercial
The ground floor sales area extends to circa 2,000 sq.ft. and the first floor offices extends to circa 800 sq.ft. and is within the pedestrianised section of the High Street. Commercial premises in the vicinity include Sainsburys, Betfred Casino, William Hill, New Look, Superdrug, Card Factory, Greggs, Costa, The Post Office and Halifax. Additionally, there are smaller retail units comprising, charity shops, pet shops and beauty services. Above Cassino Amusements is a 4-room office (included in their lease) which could be converted to residential, subject to all necessary planning consents and reconfiguration of access in order to take full advantage of the space. Fire regulations prevent use of this part of the building, owing to a lack of escape. There is a 10-year lease from 20 January 2020 with a break clause at 20 January 2025. Terms are Full Repairing and Insuring, subject to a Schedule of condition. Lease and schedule available on request.
Residential
The subject flat, Sparks View, is accessed by a private entrance at the rear only, via Sparks Court with easy access to the amenities of the High Street, Littlehampton Town Centre and train station. The flat is located on the first floor and comprises 1 double bedroom, open plan kitchen / living area and shower room / WC. The accommodation extends to 43 sq.m. It is currently let on an Assured Shorthold Tenancy.
Location
Freehold Mixed Residential/Commercial InvestmentAmenities
Mixed InvestmentRental Income, £30,340pa
Rear Entrance Yard
Parking Area For Deliveries
Related links
Investment property for SaleInvestment property for Sale in LittlehamptonAustin Gray
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