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78 High St

250 SF Retail Condo Unit Offered at $126,581 in Shoreham By Sea BN43 5DB

Investment Highlights

  • Situated on Main High Street
  • Benefits from good public transport links with regular bus services and a mainline railway station
  • Popular & Prominent Corner Position

Executive Summary

Shoreham is conveniently located between Brighton (7 miles east) and Worthing (5 miles west) and benefits from good public transport links with regular bus services and a mainline railway station providing direct links to Brighton, Gatwick Airport and London Victoria. On the outskirts of town just off the main A27 road is Holmbush Retail Park which is home to Tesco, Marks & Spencer, Next & McDonalds. More locally in the High Street you would multiple retailers to include Lloyds, HSBC, Boots and The Factory Outlet Store.

Property Facts

Price $126,581
Unit Size 250 SF
No. Units 1
Total Building Size 250 SF
Property Type Retail (Condo)
Property Subtype Storefront
Sale Type Investment or Owner User
Building Class B
Floors 2
Typical Floor Size 125 SF
Year Built 1900

1 Unit Available

Unit 78

Unit Size 250 SF
Price $126,581
Price Per SF $506.32
Condo Use Retail
Sale Type Investment or Owner User
Tenure Long Leasehold
Description

The property comprises of a small ground floor kiosk unit.

The accommodation is of open plan nature with front sales area, with small store and WC located at the rear. The property benefits from tiled flooring throughout, cat 3 ceiling mounted lightening, ample electrical points, CCTV (not tested) and 20ft single pane window frontage. The property is currently fitted with a selection of commercial kitchen appliances to include fridges, freezers, oven and various chillers

Sale Notes

Offers in The Region of £125,000.

The property is available by way of a Long Leasehold interest for a term of 91 years from January 1995. The lease therefore has 63 years left unexpired. The current ground rent is £25 per annum although this shall increase to £50 per annum from January 2025.

Amenities

  • Storage Space
  • Listing ID: 31079886

  • Date on Market: 2/29/2024

  • Last Updated:

  • Address: 78 High St, Shoreham By Sea BN43 5DB

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