£250,000
(£221.63/sq. ft)
Retail premises for sale11-11A Chatsworth Road, Worthing, West Sussex BN11
1,128 sq. ft
EPC Rating: D
Under offer
Freehold
About this property
Busy Thoroughfare
100% Rate Relief (sts)
Centrally Located
Income Producing with Self Contained 2 Bedroom Flat
Location
The property is situated on Chatsworth Road and within close proximity to the pedestrianised shopping street of Montague Street, with its comprehensive shopping amenities, restaurants, pubs and cinemas. The nearest main line station is Worthing which is approximately 0.5 miles away with regular bus services running nearby. Numerous multiple retailers are within close proximity including WHSmith, B&M, Starbucks, Nando's, MacDonald's, together with numerous independent retailers.
Description
Situated in the heart of Worthing town centre, this mixed use freehold comprises shared entrance with private entry door to a well presented ground floor premises and self contained two bedroom first floor flat. The property is income producing and generating a rental income of £24,400 per annum, with the commercial unit producing £10,000 annually and flat generating £14,400 annually.
Further benefits include a rear courtyard, LED lighting and 100% rate relief (sts).
Price
Offers are invited in the region of £250,000 for the freehold interest.
Tenure Comments
Freehold
EPC
The commercial premises has an EPC rating of E - 107.
The flat has an EPC rating of D - 67.
VAT
We are informed that VAT is not applicable on the terms quoted.
Legal Fees
Each party is responsible for their own legal fees in this transaction.
Viewing
Strictly by appointment with Sole Agents, Jacobs Steel.
The property is situated on Chatsworth Road and within close proximity to the pedestrianised shopping street of Montague Street, with its comprehensive shopping amenities, restaurants, pubs and cinemas. The nearest main line station is Worthing which is approximately 0.5 miles away with regular bus services running nearby. Numerous multiple retailers are within close proximity including WHSmith, B&M, Starbucks, Nando's, MacDonald's, together with numerous independent retailers.
Description
Situated in the heart of Worthing town centre, this mixed use freehold comprises shared entrance with private entry door to a well presented ground floor premises and self contained two bedroom first floor flat. The property is income producing and generating a rental income of £24,400 per annum, with the commercial unit producing £10,000 annually and flat generating £14,400 annually.
Further benefits include a rear courtyard, LED lighting and 100% rate relief (sts).
Price
Offers are invited in the region of £250,000 for the freehold interest.
Tenure Comments
Freehold
EPC
The commercial premises has an EPC rating of E - 107.
The flat has an EPC rating of D - 67.
VAT
We are informed that VAT is not applicable on the terms quoted.
Legal Fees
Each party is responsible for their own legal fees in this transaction.
Viewing
Strictly by appointment with Sole Agents, Jacobs Steel.
Mortgage calculator
Monthly repayment
£1,250 per month
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