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COMMERCIALSOLD STC

6 Station Parade, Tarring Road, Worthing, BN11 4SS

Guide Price
£400,000
Austin Gray, Auction House Sussex
PROPERTY TYPE

Mixed Use

BEDROOMS

3

SIZE

Ask agent

Description

Sold prior to auction, for an undisclosed amount

**For Sale By Auction on Thursday 21 November 2024**

*Guide Price £400,000

Unbroken Freehold - Mixed Investment Property Producing £36,900 Per Annum

Description
The building forms part of a terrace on the south side of Station Parade. This 2-storey building comprises, a commercial unit, storeroom and staff toilet on the ground floor. To the rear of the building is a self contained 1 bedroom ground floor flat with private entrance. Over the first floor are 2 x 1 bedroom self contained flats. In addition the property has a storeroom to the rear, which is accessed via Tarring Road.

Situation
Located at 6 Station Parade adjacent to multiple shops & local amenities, on the south side of Tarring Road. The property is perfectly situated opposite West Worthing Station - with direct routes to London Victoria. Worthing Town Centre is approximately a mile from the property, offering a comprehensive range of shops, restaurants and leisure facilities.

Location Pin (What3Words): cheese.loyal.patio


NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY


Council Tax
Flat 1 & 2, 6a - Band A

EPC Rating
Commercial Unit - C
Flat 2, 6a - D


Accommodation
Accommodation

Commercial Unit/Storeroom/Toilet - Total Floor Area - 52 sq.m.
Flat 1, 6b - Total Floor Area - 34 sq.m -
Flat 1, 6a - Total Floor Area - 43 sq.m (Auctioneers have been unable to inspect)
Flat 2, 6a - Total Floor Area - 35 sq.m
Storeroom - (Auctioneers have been unable to inspect)

Rateable Value
£6,900

Tenure - Freehold

Rents
Flat 1, 6B - £800pcm
Flat 1, 6A - £725pcm
Flat 2, 6A - £800pcm
Commercial - £750pcm

Tenancies
Commercial Unit - Let on a 1 year license from 19th February, 2024, at a rent of £9000 pa
Flat 1 6b - TBC
Flat 1 6a - Let on an Assured Shorthold Agreement from 28th February 2020 for 6 months, expiring on 29th August 2020 at a rent of £8700 pa - tenant holding over under a monthly contractual periodic
Flat 2 6a - Let on an Assured Shorthold Agreement from 28th November 2023 for 12 months, expiring on 27th November 2024 at a rent of £9600 pa

Brochures

Legal Documents

6 Station Parade, Tarring Road, Worthing, BN11 4SS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • West Worthing Station0.0 miles
  • Worthing Station0.7 miles
  • Durrington-on-Sea Station0.8 miles
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About Austin Gray, Auction House Sussex

Austin Gray LLP, 37 Vernon Terrace, Brighton, BN1 3JH
Industry affiliations:

Auction House Sussex & Hampshire is one of the largest property auctioneers in the South of England. Operated by Estate Agency Austin Gray, we have more than 40 years' experience selling properties at auction.

Through our extensive market knowledge and proactive marketing, we are highly regarded for selling residential investment properties locally.

Each year we hold in excess of seven live stream and multiple online auctions. Our team sell a significant number of lots in the Brighton & Hove area where our offices are located. These include residential & commercial property, development sites, land & garages.

In 2023 we have expanded our South East coverage to include Hampshire. Our auction services are now available across the whole of Sussex and Hampshire. These areas include Chichester, Rye, Horsham, Crawley, Basingstoke & Dean, Petersfield, Gosport and The New Forest.

If you need any advice or assistance, please call our team who would be delighted to help you.

Notes

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Disclaimer - Property reference 268353. 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 Austin Gray, Auction House Sussex. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Austin Gray, Auction House Sussex on 01273 109784.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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