The Coffee House, 3 Liverpool Buildings, Liverpool Road, Worthing | Property for sale | Savills
Guide price £180,000(11,336,747 EGP)

The Coffee House3 Liverpool Buildings, Liverpool Road, Worthing

  • Sole agency
  • Freehold
Investment
Yield 16%Yield

Key features

  • Comprising a double fronted retail unit at ground floor
  • Upper Parts Sold on a Long Leasehold Basis
  • 1,036 sq ft (96.26 sq m)
  • Let on a 15 year lease from 2021 (approx. 11.5 years unexpired)
  • Investment let at £29,000 p.a. (16.1% GIY on guide)

A Double Fronted Retail Unit at Ground Floor Let to Popular Local Coffee Shop on a 15 Year Lease Investment let at £29,000 p.a.

About this property

  • The property comprises a high yielding retail investment opportunity let to a local coffee shop with over 11 years unexpired. Arranged across ground floor only, the property is let to The Coffee House (UK) Limited on a 15 year lease from April 2021 and producing £29,000 per annum. Whilst the upper parts are included in the freehold, they are sold off on a long leasehold basis. Nearby Occupiers include TK Maxx, HMV, McDonald’s, Nando's, Lloyds Bank and NatWest as a well as a wide range of local and independent operators