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COMMERCIAL

High Street, Worthing BN11 1NU

£1,250,000
Jacobs Steel, Worthing
PROPERTY TYPE

Commercial Property

SIZE

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Description

A substantial premises made up of two adjoining units each with separate entrances. The building is let to Group Entertainment Ltd trading as Angels Bar & Nightclub. The premises are let on a 15 year lease at a current annual rent is currently £125,000, rising to £135,000 from 2025 for the remainder of the term.

The premises are predominantly open plan and consist of a part mezzanine seating area with bar which overlooks the main dance area located on the ground floor, comprising of bar, seating booths and DJ area. An internal door leads to a further self contained bar area with dance floor and additional seating.  

This substantial premises has potential for future development STP. 

LOCATION Situated in the heart of Worthing town centre, close to the seafront, main shopping parades and within easy reach of Worthing mainline station.

EPC The property has an EPC rating of D - 76.

VAT We are informed that VAT is not applicable on the terms quoted.

USE We understand the premises benefit from Class E use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.

LEGAL FEES Each party is responsible for their own legal fees in this transaction.

RATES COMMENTS The rateable value from April 2023 provided by the Valuation Office Agency is £48,000. The small business rates for the financial year (2023 - 2024) is 49.9p in the £ making the rates payable approx. £23,952.00.

VIEWING Strictly by appointment with Agents, Jacobs Steel.

NB Please note there have been some alterations, including repositioning of the main bar, since this floor plan was prepared.

High Street, Worthing BN11 1NU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worthing Station0.6 miles
  • East Worthing Station0.8 miles
  • West Worthing Station1.2 miles
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About Jacobs Steel, Worthing

12 Chapel Road, Worthing, West Sussex, BN11 1BE
Industry affiliations:
In Worthing, Lancing, Shoreham and Hove

Jacobs Steel is an estate agency with a difference. We know how important buying and selling is to you. That's why our team give a personal service to each and every one of our customers. You'll have a direct line to your preferred agent: we'll never leave you in the dark where your property is concerned.

We're the biggest independent estate agent covering Littlehampton to Brighton - our offices stretch along the south coast of England from West Worthing over to Hove; you'll find us at a convenient location to visit, whether by car or on foot. We're a professional and enthusiastic bunch who will always go that extra mile for you. We have a first-hand understanding of East & West Sussex and the surrounding area, and we know the difference it can make to live near an accredited school, doctor's surgery, local shops and fast transport links.

Whether you're buying or selling we can give you the benefit of our extensive knowledge of East Preston, Kingston Gorse, Rustington & Littlehampton, Angmering, Goring & Ferring, Broadwater & Findon, Durrington & Worthing, Lancing & Sompting, Shoreham, Southwick and of course Brighton & Hove - meaning we're in a prime position to get you the best deal possible.

If you're selling, we like to get you off to a good start with a free sales valuation and we'll give you everything you need to know to help you decide. Our market appraisals take about an hour to complete and can be arranged during the day, in the evenings or at the weekend to suit your diary. We'll even be able to give you advice on how best to present your property to get the best price possible.

We work one-to-one with our clients and make sure we know your property better than anyone else. Not only will we give your property the full market exposure it deserves, but we'll follow up by ensuring your prospective buyers have all the information they need to make a committed decision to buy your property.

With over 900 5-star Google reviews and our ethos of honesty and integrity, Jacobs Steel is the estate agency you can trust.

To contact our Worthing office call 01903 206000 or email worthing@jacobs-steel.co.uk

Notes

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Disclaimer - Property reference S853948. 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 Jacobs Steel, 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.

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