111 South Farm Road, Worthing, BN14 7AX
- SIZE AVAILABLE
921 sq ft
86 sq m
- SECTOR
High street retail property for sale
Key features
- Situated On Popular Neighbourhood Shopping Parade
- Vacant Shops Ready For Immediate Occupation
- Prominent Position With 24ft Window Frontage
- Potential To Produce £22,000 Per Annum
- Close To Worthing Train Station
- On-Street Parking On Nearby Roads
Description
A rare opportunity to acquire the freehold of building to include two prominent ground floor shops / offices. The units could be combined or used as two separate premises and would suit a variety of commercial uses, subject to gaining the necessary planning consents. Both benefit from a kitchenette, WC, a small rear courtyard with a pedestrian right of way fire escape access to St Lawrence Lane. There are two flats above which are sold off on long leases with approximately 80 and 87 years remaining.
Location
Worthing with a population in excess of 100,000 is a popular seaside town located in between the cities of Brighton (13 miles east) and Chichester (18 miles west) on the southcoast of England. South Farm Road is a mixed commercial and residential road linking the A27 to the north to the A259 coastal road to the South and is one of the main thoroughfares into the Town Centre. Nearby occupiers include a mixture of retail, office, food / drink occupiers and a mix of schools / colleges. Local bus routes are nearby and Worthing mainline railway station is nearby with regular services to London, Brighton and Littlehampton.
Terms
The first floor flats are sold off on long leases with approximately 80 and 87 years remaining. The leaseholders are responsible for contributing 33% each towards the yearly buildings insurance premium and 33% each for any external works required in order to maintain the exterior of the building to a fair and reasonable standard. There is no ground rent payable. The ground floor shops are offered with vacant possession upon completion.
Business Rates
According to the Valuation Office Agency the property has the following rateable values:
Shop 111 - £6,300
Shop 113 - £3,650
Brochures
111 South Farm Road, Worthing, BN14 7AX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Worthing Station0.5 miles
- West Worthing Station0.7 miles
- East Worthing Station1.1 miles
An independently owned, family run, commercial estate agent and property management company based in West Sussex, we are able to provide you with a bespoke service to meet your property requirements.
If you are looking for an honest, hard working and reliable agent to sell, let or manage your commercial property then please get in touch. We are committed to maximising the clients investment and achieving the best possible outcome. Our team's vast experience of the commercial sector has
Notes
Disclaimer - Property reference 184189-1. 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 Justice & Co Commercial Limited, 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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