This detached two storey property is arranged as a ground floor retail premises and two self-contained flats above sold on long leases. The building produces just over £21,000 per annum in total and occupies a prominent corner location on the junction of The Gardens and the main A259 coastal link road.
It is situated between Hove and Shoreham with comprehensive local shopping facilities and amenities including mainline station within easy access. There are excellent road links to Brighton and Worthing via the nearby A27 and A259.
Ground Floor
Tenancy
Commercial premises trading as Adur Express Convenience Store on a 20-year internal repairing and insuring lease with five-yearly rent reviews, from 12th October 2021, at a passing rent of £20,800 per annum.
First Floor
Tenure
Both one-bedroom flats are sold under the terms of 125 year leases at a current ground rental of £150 per annum each, with Flat 1 commencing 8th November 2019 and Flat 2 commencing 20th August 2019.