Skip to content
This property has been removed by the agent.
For more information please contact the agent directly using the details provided.
View similar properties
COMMERCIAL

Marine Parade, Worthing, BN11

£750,000
Howard & Co, Worthing
PROPERTY TYPE

Commercial Property

BEDROOMS

12

SIZE

Ask agent

Key features

  • Superb seafront location
  • Excellent sea views
  • Fully licensed bar
  • 3 floors of accommodation
  • 13 rooms all ensuite
  • Well maintained building
  • Rear access and garage
  • Full trading history

Description

Howard & Co are pleased to market this rarely available terraced freehold. This fine example of classic Edwardian seafront architecture is arranged over 4 floors with accommodation on the upper 3 floors. The south facing rooms all have excellent views of the sea that truly have to be seen to be believed . The property has been extremely well maintained and updated by the current owners over the past 15 years (records available) to provide 11 income producing rooms, plus owners accommodation. All rooms have en-suite facilities.
We believe there is enough evidence of well established trade (see Trip Advisor) that a new owner can really build on for further expansion. With new developments nearby an increase in trade is clearly expected that any new purchaser can capitalise on. Viewers will find the accommodation very well presented and exceptionally clean and comfortable. Viewings are strictly by appointment and further information can be obtained from 01903 212210


SECOND FLOOR

Bedroom 15 : Single with sea view, ensuite WC and shower.

Bedroom 14 : Family suite with 2 rooms (twin and single) with sea view and ensuite WC and shower.

Bedroom 12 : Family room with 3 beds, with ensuite WC and shower.

Bedroom 11 : Double room with ensuite WC and shower.

Bedroom 10 : Twin with ensuite WC and shower.

FIRST FLOOR

Bedroom 9 : Single room with sea view, ensuite WC and shower.

Bedroom 8 : Family room with sea view, ensuite WC and shower.

Bedroom 7 : Family room with ensuite WC and shower.

FIRST FLOOR HALF LANDING

Bedroom 6 : Double room with ensuite WC and shower.

Bedroom 5 : This room is the owners current accommodation with ensuite WC and shower.

GROUND FLOOR

Bedroom 4 : Family room with ensuite WC and shower.

Bedroom 2 : Single room with ensuite WC and shower.

Modern Commercial Kitchen : An array of quality trade fixtures, fittings and appliances. Adjoining:

THE PREMISES : A 4 storey property in a prime position with access all round

Residents Dining Room : 6.00m x 5.30m (19'8" x 17'5") , With extensive beach, promenade and sea views with seating for 26 covers. Access to:

LOWER GROUND FLOOR

Bar Area : The front bar area measures approx 440 sq ft leading to the centre area of approx 220 sq ft and rear area of 188 sq ft with darts and bar billiards facilities. Door to the Ladies and Gents Cloakrooms at the rear. Plus to the side there is access to the rear emergency exit and rear yard and garage.

The bar is fully licensed and presently includes off sales, and the owners have built an established local trade hosting various billiards and darts teams evenings in the comfortable and intimate atmosphere.

TURNOVER : The business is very well established and gets ample enquiries from existing regular clientele, local business users and returning holidaymakers as well as new enquiries from the Visit Worthing (previously Tourist Information) service. Gross turnover/ profits can be proven with last 10 years accounts.
It should be noted that the current owners have decided not to encourage full seven day lunch and evening restaurant use of the accommodation but that this along with the ample bar facilities leads us the believe there is substantial room for improvement in turnover. With the new large hotel development nearby there will be plenty of scope for increased trade.


Tenure : The entire premises and business are freehold SAV.

Rates : We have been verbally advised that the rateable value is £10,500 pa and rates payable are £5,600. Buyers are reminded to make their own enquiries to be sure.

Price : The freehold, goodwill, all equipment, trade fixtures, fittings and chattels are offered to prospective purchaser for £795,000.

Viewings : All appointments are to be made through the vendors agents Howard & Co 01903 212210.

Mortgage and Financial Planning : We will pleased to assist any purchaser in arranging finance to acquire this building and business. We have extensive contacts for commercial and property lending subject to status.

EPC RATING E

Marine Parade, Worthing, BN11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worthing Station0.7 miles
  • West Worthing Station0.9 miles
  • East Worthing Station1.4 miles

About the agent

Howard & Co, Worthing

22 South Farm Road Worthing BN14 7AA

Howard & Co, Worthing

Howard & Co are the independent estate agents for Worthing and Sussex, offering an unrivalled personal, professional, pro-active and mature service. As an independent family run estate agency we are able to offer individual attention to all our customers, whether you are selling, buying or letting a property.

Reasons for choosing Howard & Co to sell or let your property

• Our friendly, approachable, professional staff are experts in the local property market.

• We will pro-a

More properties from this agent

Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

Notes

These notes are private, only you can see them.

Disclaimer - Property reference HOWE002737. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Howard & Co, Worthing. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.