*** £320,000 ***

Warwick Baker Estate Agents are delighted to offer to the market a fantastic Freehold investment.

The building consists of a mid-terrace property: with the ground floor shop of approximately 58.2 sq.m (626 sq.ft Net Internal) with its own yard (covered over by tenant).

There is a self-contained one bedroom flat over with its own access from Ship Street.

Situated on the Northern side at the western end of Shoreham High Street (A259). Nearby occupiers include The Original Factory Store, Boots and The Co-Op.

GROUND FLOOR

LEASE
The premises are let on a Full Repairing & Insuring Lease to an Undertakers (Mutual Services (Portsmouth) LTD.) for a term of 5 years from the 24th June 2019 at an annual rent of £13,500 p.a.x. The Rateable Value is £7,800

FIRST FLOOR
The flat is let on an assured shorthold tenancy. The. Tenant has been resident for many years and the current rent is £725 p.c.m.x

EPC
Energy Rating E

The combined annual rent is £22,200 per annum exclusive

The Freehold Investment is for sale for £320,000

Viewing through Sole Agent Warwick Baker, 10 High Street, Shoreham-By-Sea,
West Sussex, BN43 5DA e-mail: darren@warwickbaker.co.uk Tel: 01273 454234