£400,000
(£99.35/sq. ft)
Retail premises for sale147 Tarring Road, Worthing, West Sussex BN11
4,026 sq. ft
Freehold
About this property
Comprising a large ground floor commercial premises and self contained 2 bedroom flat.
Offered with Vacant Possession
Forecourt Parking
Potential to Develop the Rear (stnc)
Location
Tarring Road is situated just west of Worthing town centre. The area benefits from a strong mix of independent retailers, cafés, and service providers. It offers excellent connectivity, with West Worthing railway station located nearby, providing direct services to Brighton, London, and surrounding areas. The road is also well served by local bus routes and enjoys easy access to the A27 and A259 for road travel. Residential streets surrounding Tarring Road make it a popular location for both commercial and mixed-use properties, appealing to investors, occupiers, and developers alike.
Description
This substantial mixed-use freehold property occupies a prominent position on the popular Tarring Road in Worthing. The building comprises a ground floor commercial unit, currently owner-occupied, and a self-contained two-bedroom flat which is let, providing secure income.
The ground floor commercial premises features a double-fronted shopfront with a recessed entrance, air conditioning, LED lighting, and skylights, which enhance natural light throughout the space. Internally, the layout includes an open-plan sales/office area to the front, two partitioned offices, a large rear storage area, and a first-floor workshop. Additional benefits include a WC and self-contained side access.
The first-floor, self-contained two-bedroom flat is accessed independently and is well presented. It is currently let at £1,250 per calendar month, providing long-term rental income.
The rear of the site may offer potential for further development, subject to obtaining the necessary planning consent. This could present an opportunity to construct additional units or extend the existing structure, making the property an attractive prospect for developers seeking to enhance value.
Overall, the property is partially income-producing, generating a rental income of approximately £15,000 per annum, and combines both owner-occupied and investment potential.
Price
Offers are invited in the region of £400,000 for the freehold interest.
Tenure Comments
Freehold
EPC
The ground floor commerical premises has an EPC rating of B - 43.
147B has an EPC rating of D - 68.
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.
Tarring Road is situated just west of Worthing town centre. The area benefits from a strong mix of independent retailers, cafés, and service providers. It offers excellent connectivity, with West Worthing railway station located nearby, providing direct services to Brighton, London, and surrounding areas. The road is also well served by local bus routes and enjoys easy access to the A27 and A259 for road travel. Residential streets surrounding Tarring Road make it a popular location for both commercial and mixed-use properties, appealing to investors, occupiers, and developers alike.
Description
This substantial mixed-use freehold property occupies a prominent position on the popular Tarring Road in Worthing. The building comprises a ground floor commercial unit, currently owner-occupied, and a self-contained two-bedroom flat which is let, providing secure income.
The ground floor commercial premises features a double-fronted shopfront with a recessed entrance, air conditioning, LED lighting, and skylights, which enhance natural light throughout the space. Internally, the layout includes an open-plan sales/office area to the front, two partitioned offices, a large rear storage area, and a first-floor workshop. Additional benefits include a WC and self-contained side access.
The first-floor, self-contained two-bedroom flat is accessed independently and is well presented. It is currently let at £1,250 per calendar month, providing long-term rental income.
The rear of the site may offer potential for further development, subject to obtaining the necessary planning consent. This could present an opportunity to construct additional units or extend the existing structure, making the property an attractive prospect for developers seeking to enhance value.
Overall, the property is partially income-producing, generating a rental income of approximately £15,000 per annum, and combines both owner-occupied and investment potential.
Price
Offers are invited in the region of £400,000 for the freehold interest.
Tenure Comments
Freehold
EPC
The ground floor commerical premises has an EPC rating of B - 43.
147B has an EPC rating of D - 68.
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.
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