The property comprises of an end of terrace, bay fronted Victorian building arranged over ground and first floor levels. The property has long standing history within the retail sector and is laid out as open plan retail accommodation on the ground floor with internal stairs leading to storage and workroom space at first floor level. The ground floor, which has a small kitchen/store and WC at the rear, benefits from wooden flooring, spot lighting and superb single glazed return window frontage. The first floor benefits from part carpeted part laminate flooring, electric heating, ample electrical sockets and single glazed windows. The first floor currently accommodates an open plan workroom with two separate stock / storage rooms.
It is felt that currently the entire property benefits from Class E (Commercial Business) planning however the properties versatility could mean that the first floor could be converted (subject to planning) into a good sized one bedroom residential flat. Externally the only change would need to be to the shopfront at the northern end.
Location
The property is situated on the corner of Chapel Road and Liverpool Gardens in the heart of Worthing town centre. Chapel Road is one of the main thoroughfares into the town centre whilst Liverpool Gardens is at the heart of Worthing’s office district. Being situated in the town centre the property is close to all local amenities and principle shops to include Boots, Marks & Spencers, H&M, KFC and Superdrug. Worthing is a popular seaside town with a population in excess of 105,000 and is located between the cities of Brighton (13 miles east) and Chichester (18 miles west). The property is situated approximately ½ a mile to the south of Worthing mainline railway station where regular services along the southcoast and north to London with a journey time of 1 hour and 25 minutes can be located. Worthing also benefits from superb road links with the A27 and A24 located to the north and the A259 coast road less than ½ a mile to the south.
Accommodation
The property has the following approximate floor areas:
Ground Floor - 608 sq ft
First Floor - 637 sq ft
Total Area - 1,245 sq ft
Terms
Terms - Freehold with full vacant possession upon completion
Guide Price & VAT - Offers in Excess of £500,000 (Five Hundred Thousand Pounds)
VAT is not to be charged on the quoting terms
Business Rates - According to the VOA (Valuation Office Agency) the property has a rateable value of £13,750. Interested parties are asked to contact Adur & Worthing Council to verify this information and confirm what, if any, relief is applicable to their business.
Legal Costs - Each party to pay their own costs
EPC - D(88)
Anti-Money Laundering - In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.
Specification
- Situated on Chapel Road, in Heart of Worthing Town Centre
- Nearby Occupiers Include Tesco Express, Connaught Theatre, KFC, Worthing Town Hall & Worthing Library / Museum
- Sold with Vacant Possession
- Potential To Convert Upper Parts (stpc)
- Potential To Produce £30,000 Per Annum
- Suit Owner Occupier or Investor
- Viewing Highly Recommended