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LOT 23

High Street, Littlehampton, West Sussex, BN17 5EE

High Street, Littlehampton, West Sussex, BN17 5EE

Property Details
Tenure

FREEHOLD

Description
Freehold town centre retail parade consisting of 5 shops with the freehold including the upper parts. Upper parts comprise of 12 self contained flats all sold off on long leaseholds subject to ground rents.

Location
The property is located on the south side of High Street, within this well known popular retail parade leading to further shops on the pedestrianised area of the street. The property is situated just over ten minutes from the beach and is surrounded by established retail chains such as Costa, Holland and Barrett and WH Smith to name a few.

EPC
Please see legal pack

Tenancy
14 High Street: Retail unit currently vacant - ERV £6,000 p.a.
12 High Street: Retail unit currently vacant - ERV £6,000 p.a.
8a High Street: Currently let to 'Favourite Pizza' on a 15 year commercial lease expiring 24/3/25 at a passing rent of £10,000 p.a.
6 High Street: Retail unit currently vacant - ERV £6,000 p.a.
2 High Street: Previously let to 'Extreme Tech' with lease expired 14/2/19 at £5,000 p.a. Tenancy currently holding over.
Flats 4/8 High Street: 12 x 1 bed flats sold off on long leasehold with a ground rent of £100 p.a.

Estimate Rental Value (once fully let): £34,200 p.a.

Additional Information
*Guide price definition

Guide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.

Reserve price definition

The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.


  • Freehold Ground Floor Retail Parade
  • Consisting of 5 Retail Units
  • Estimated Rental Value £34,200 per annum

Withdrawn Prior


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