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20-22 Brighton Rd 2,734 SF Retail Building Worthing BN11 3ED $1,086,515 CAD ($397.41 CAD/SF)
Investment Highlights
- Prominently situated on the southern side of this main thoroughfare
- Worthing railway station is 0.8 miles (18 mins)
- Worthing Pier and seafront are a few minutes walk
Executive Summary
20-22 Brighton Road is prominently situated on the southern side of this main thoroughfare close to the junction with Steyne Gardens and the pedestrianised Warwick Street. Worthing Pier and seafront are a few minutes walk. The Ground floor comprises a cafe with open plan sales area, full height glazed frontage, exposed brick features, laminated floors and recessed lighting. To the rear is a kitchen and two stores, W.C. The first floor comprises a self-contained two bed flat with lounge, dining room, bath and kitchen
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,734 SF
Building Class
B
Year Built
1971
Price
$1,086,515 CAD
Price Per SF
$397.41 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.83
Lot Size
0.08 AC
Frontage
31’ on Brighton Road
Amenities
- Energy Performance Rating - C
- Storage Space
1 1
Nearby Major Retailers
1 of 5
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20-22 Brighton Rd
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