Commercial Properties For Sale in Broadwater, Worthing, West Sussex, serviced office, business park, office

An excellent opportunity to acquire a freehold mixed-use investment situated in a well-established commercial location on the outskirts of Worthing town centre, offering both an immediate rental income and exciting future development potential (subject to the necessary consents). The property comprises a self-contained ground floor office extending to approximately 542 sq ft (50.3 sq m). The accommodation is arranged around a central hallway and provides three well-proportioned office suites, a fitted kitchen and WC facilities, making it suitable for a variety of commercial occupiers. The current layout also lends itself to a range of alternative configurations, subject to any necessary consents. The commercial premises are currently let, generating a rental income of £8,000 per annum, providing a return from completion. In addition to the existing income, the freehold includes a generous parcel of land together with two garages, presenting excellent redevelopment potential. There is considered to be scope for the conversion of the existing office accommodation to residential use, as well as the redevelopment of the garages and surrounding land, subject to obtaining the necessary planning consents. The first floor flat is excluded from the sale and will be retained by the current owner on a long lease. Externally, the property benefits from parking for up to six vehicles.