An excellent opportunity to acquire a fully income-producing freehold mixed-use investment comprising a ground floor commercial unit and two self-contained one-bedroom apartments to the rear of the property. The upper floors are sold off. Occupying a prominent position within an established retail parade, this mid-terraced property offers a well-balanced investment with established commercial and residential income streams.
The ground floor commercial premises are currently let to a takeaway business and feature a prominent glazed frontage, customer waiting area, fully fitted commercial kitchen with extraction system, and rear access. The commercial unit currently generates an annual rental income of £8,700 per annum, exclusive.
To the rear of the property is a self-contained one-bedroom apartment comprising an open-plan lounge/kitchen, double bedroom and bathroom. This apartment is currently let at £795 per calendar month.
The adjoining maisonette apartment benefits from its own private entrance and comprises stairs to the first-floor consisting a lounge, fitted kitchen, double bedroom and bathroom. This apartment is also fully let, generating £900 per calendar month.
The property is fully occupied and produces a combined rental income of £29,040 per annum, providing an immediate return for investors.
The sale comprises the freehold interest in 30 Brighton Road and 21D Warwick Road, Worthing BN11 3ET, together with the leasehold interest of 21C
