Summary - CORONATION BUILDINGS 1 HAM ROAD WORTHING BN11 2NN
1 bed 1 bath Retail Property (high street)
Large corner retail parade with income and immediate asset-management upside.
Unbroken parade of 13 ground‑floor retail units and rear warehouse
Adverts c. £95,550 pa; two units currently vacant
Advertised as virtual freehold; tenure to be verified by buyer
Prominent corner position near East Worthing rail station (c.550m)
Ground floor only offered for sale; residential above excluded
Area classified as deprived; average local crime levels
Immediate asset-management potential from vacancies and refurb
Fast broadband; no flood risk reported
This sizeable high‑street parade on the corner of Ham Road and Brougham Road offers a visible, income-producing retail investment in central Worthing. The ground‑floor run of 13 retail units plus rear warehouse produces a strong headline rent and immediate asset-management upside thanks to two vacant units.
The property is advertised as a virtual freehold with an A+ covenant headline and generates c. £95,550 pa. Its corner position and proximity (c. 550m) to East Worthing rail station provide steady pedestrian and vehicular catchment, while a diverse local mix of convenience, trade and service occupiers supports rental durability.
There are material points for purchasers to note: the sale is for the ground‑floor retail parade only, the tenure is quoted as virtual freehold but should be independently verified, and the surrounding area is classified as deprived with average crime levels. Two vacant units mean immediate re-letting or reconfiguration work will be required to maximise income.
This asset suits an investor seeking scale and active management opportunity in a popular seaside town. Buyers should undertake full due diligence on lease terms, service arrangements, and repair liabilities before exchange.
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