Summary - Flat 7 Coronation Buildings, Brougham Road, WORTHING BN11 2NW
1 bed 1 bath Retail Property (out of town)
**Standout Features:**
- Substantial unbroken parade of 7 shops and a rear warehouse
- Prominent corner location in Worthing, West Sussex
- 6 shops currently tenanted, with the potential for rental income growth
- Total ERV estimated at £65,000, with an immediate rental income of £45,550
- Long lease tenure
- Close proximity to East Worthing Rail Station (550m) for easy transport links
- Excellent mobile signal and fast broadband speeds
This exceptional retail property on Brougham Road offers a prime investment opportunity in the desirable coastal town of Worthing. Comprising a substantial parade of 7 shops and a rear workshop/warehouse, this property is ideally situated in a busy area surrounded by reputable brands such as Ford, Nissan, and Co-op Food. The expansive 4,610 sq. ft. space yields a current rental income of £45,550, with an estimated rental value of £65,000, allowing for significant growth potential.
While the property is mostly tenanted, two shops present an opportunity for new rental income, catering to various businesses. Located along a vibrant street with access to numerous amenities, it’s perfect for those seeking commercial real estate in a thriving environment. Although Worthing features an average crime rate and is classified as an area of deprivation, its charm and proximity to the sea provide a unique appeal for both investors and retailers.
Don’t miss out on this opportunity for a high-yield property with future renovation potential—whether you envision expanding or revitalizing existing retail spaces. This property could become a cornerstone of your investment portfolio or your next successful venture. Act fast to secure your stake in this promising market!
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