Ridgeworth House is a purpose built office building arranged over ground, first, second and third floor levels, with private car park for approximately 30 vehicles located at the rear. Each floor is serviced by a passenger lift and provides spacious open plan office accommodation which has been superbly fitted out by the current three occupiers. The offices benefit from suspended ceiling with inset lighting, air conditioning (not tested), cable trunking, gas fired radiators, secure entryphone system, carpeting throughout. The common parts are well presented, with a passenger lift to all floors and separate male and female WCs. Historically the building has been let on a floor by floor basis, however, its versatility means that tenants can either take a floor or the building in its entirety. There is potential to sub-divide floors if required.
Location
Worthing is one of the largest towns in West Sussex, with a population in excess of 105,000 people. The popular seaside town is located on the south coast approximately 60 miles south of London, 13 miles west of the city of Brighton & Hove and 18 miles east of the cathedral city of Chichester. The town benefits from superb transport links with connectivity to the A27, A24 and A259 road network whilst the town has three railway stations providing services along the coast and north to London (journey time of 1 hour and 30 minutes). Ridgeworth House is situated in the heart of Worthing town centre’s business district, within easy reach of the town's main amenities and a short walk from the popular seaside and pier. Liverpool Gardens is home to a number of office occupiers to include multiple solicitors' practices, accountants, architects and many other office based companies.
Accommodation
Ground Floor - 4,100 sq ft (380.90 sq m)
1st Floor - 5,300 sq ft (429.39 sq m)
2nd Floor - 5,300 sq ft (429.39 sq m)
3rd Floor - 5,300 sq ft (429.39 sq m)
Total - 20,000 sq ft (1,858.06 sq m)
Terms
Terms - The property is available freehold subject to the tenancies noted within the marketing particulars. Copies of all Leases are available upon request
Guide Price - Offers in Excess of £3,000,000 (Three Million Pounds). We are informed that VAT is not to be charged on the quoting terms.
Business Rates - The entire property has a Rateable Value of £196,250.
Service Charge - The property has a Service Charge which covers commonways electric, commonway cleaning, garden maintenance, toilet supplies, lift maintenance, central heating, water, refuse collection, fire alarm maintenance and professional fees. A copy of the current Service Charge budget is available to serious applicants upon request.
Legal Fees - Each party to pay their own legal costs incurred in this transaction.
EPC - C(73).
Tenancy Schedule - See attached brochure for information
Specification
- Situated in Heart of Worthing Town Centre
- Approx 20,000 Sq Ft of Open Plan Office Accommodation Over 4 Floors
- On-Site Parking For Approx 30 Vehicles
- Currently Producing £255,900 Per Annum Exclusive
- Potential For Long Term Residential Conversion (stpc)
- Superb Transport Links & Amenities Situated Close By
- Excellent Rare Freehold Opportunity with Asset Management Potential