The property comprises of a two-storey, double fronted retail unit.
The store sits on a 0.43 acre site (23,619 sq ft), the ground floor consists of retails and ancillary space, whilst the upper floor provides ancillary storage,offices & staff accommodation.
Access can be gained via both the front and rear of store, with 212 car parking space.
Location Description
Littlehampton is a popular seaside town on UK’s south coast within West Sussex.
The town benefits from immediate access to A27, which provides access towards Brighton and Eastbourne to the east and towards Chichester and Portsman in the west.
The town has a population of 55,000, with a wider catchment population of 475,000 which has access to three railway stations.
The stations provide direct and regular services to London Victoria, Brighton, Gatwick Airport, Portsmouth and Southampton.
The property is situated within the heart of Littlehampton town centre fronting onto the busy, pedestrianised high street.
The property lies within Littlehampton’s prime retail pitch. Other occupiers within immediate vicinity include WHSmith, Superdrug, NatWest and Boots.
Tenancy
The property is let in its entirety to Sainsbury’s Supermarket on a 10 year F&I lease from 20th November 2018 at a current passing rent of £295,000 per annum.
The rent is payable monthly in advance and review ever 5 years, the next review date is 20th November 2023.