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58-59 Tarring Rd

490 SF Retail Building Worthing BN11 4HS $155,314 ($317/SF) 6.40% Cap Rate

Storefront Properties West Sussex Worthing 58-59 Tarring Rd, Worthing, WSX BN11 4HS

Investment Highlights

  • Freehold investment
  • Situated on a busy throughfare
  • Close to West Worthing Train Station

Executive Summary

Situated on popular New Broadway shopping parade in West Worthing, this two storey building is made up of a first floor flat, which is sold off, but benefits from annual ground rent. And ground floor premises which is currently let to an established business and producing a rental income of £8000 per annum, exclusive.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
490 SF
Building Class
B
Year Built
1967
Price
$155,314
Price Per SF
$317
Cap Rate
6.40%
NOI
$9,940
Tenancy
Single
Building Height
2 Stories
Building FAR
0.56
Lot Size
0.02 AC
Frontage
28 FT on Tarring Rd

Amenities

  • Bus Line
  • Commuter Rail
  • Energy Performance Rating - C

Links

1 of 1

Nearby Major Retailers

The Co-operative Food
Favorite Chicken & Ribs Worthing
Santander
Iceland
Lidl
Anytime Fitness
Morrisons
Barclays
Britannia Building Society
Costa Coffee
+44 1903 792785

Contact

  • Listing ID: 32331025

  • Date on Market: 7/3/2024

  • Last Updated:

  • Address: 58-59 Tarring Rd, Worthing BN11 4HS

The Retail Property at 58-59 Tarring Rd, Worthing, BN11 4HS is currently available for sale. Contact Jacobs Steel & Company for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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58-59 Tarring Rd
+44 1903 792785 x

58-59 Tarring Rd

Leigh Doherty

+44 1903 792785

+44 1903 792785

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