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Guide price £180,000(Rp3.670.265.150)
The Coffee House3 Liverpool Buildings, Liverpool Road, Worthing
- Sole agency
- Freehold
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