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Freehold

£100,000

(£193.80/sq. ft)

Retail premises for sale

58-59 New Broadway, Worthing, West Sussex BN11
516 sq. ft

£100,000

(£193.80/sq. ft)

Retail premises for sale
58-59 New Broadway, Worthing, West Sussex BN11

    • 516 sq. ft

Freehold

About this property

  • Vacant Possession Offered

  • Flat is Sold off on a Long Lease

  • Situated on a Busy Thoroughfare

  • Close to West Worthing Train Station

  • 100% Rate Relief (sts)

Location

The property is located along Tarring Road which offers a variety of shops. Worthing town centre with its comprehensive shopping amenities, restaurants, pubs, cinemas, theatres and leisure facility's is approximately 1 mile away. The nearest main line station is West Worthing which is approximately 0.3 miles away and bus services run nearby.

Description

Situated on popular New Broadway shopping parade in West Worthing, this two storey building is made up of a first floor flat, which is sold off, but benefits from annual ground rent. The ground floor premises is offered with vacant possession and in our opinion has an erv of £10,000 per annum, exclusive.

Agents disclaimer N.B. Under the Estate Agents Act 1979, we advise that the vendor is a director of Jacobs Steel and Company Limited.

Price

Offers are invited in the region of £100,000 for the freehold interest.

Tenure Comments

Freehold

EPC

The property has an EPC rating of C - 74.

VAT

We are informed that VAT is not applicable on the terms quoted.

Use

We understand the premises benefit from Class E use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.

Legal Fees

Each party is responsible for their own legal fees in this transaction.

Viewing

Strictly by appointment with Sole Agents,
Jacobs Steel.

More information

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