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COMMERCIALSOLD STC

60-62 Broadwater Road, Worthing, West Sussex, BN14 8AG

Guide Price
£240,000
Austin Gray, Auction House Sussex
PROPERTY TYPE

Mixed Use

BEDROOMS

2

SIZE

Ask agent

Description

Sold for an undisclosed amount

**For Sale By Auction on Thursday 13 March 2025**

*Guide Price £240,000

Freehold Mixed Investment Consisting Of A Ground Floor Commercial Unit And Self Contained 2 Bedroom Flat Total Income £23,600 PA

Description
The building forms part of a terrace on the east side of Broadwater Road. This two storey building comprises of a ground floor commercial unit - currently let as hot food and takeaway. Over the first floor is a self contained 2 bedroom flat.

Situation
Located on Broadwater Road adjacent to multiple shops & local amenities, The property is situated within walking distance of Worthing Station - with direct routes to London Victoria. Worthing Town Centre is less than a mile away from the property, offering a comprehensive range of shops, restaurants and leisure facilities.

Location Pin (What3Words): birds.brand.waving


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Tenure - Freehold

Tenancies
60 Broadwater Road - The ground floor commercial unit is let on a 20 year lease from the 4th September 2020, at £14,000 pa and then as revised pursuant to the lease and any interim rent determined under the LTA 1954. Rent review every 5th anniversary of the lease.

62 Broadwater Road - Let on an Assured Shorthold Agreement for 6 months from 9th March 2015 at a rent of £800pcm, tenant holding over rent hasn't been reviewed since 2015.



Accommodation
Living Room - 3.9 x 3.2
Kitchen - 2.5 x 2.1
Bedroom 1 - 3.8 x 3.1
Bedroom 2 - 2.2 x 2.2
Total Floor Area - 55 sq.m.

Commercial unit
Total Floor Area - 96 sq.m. (taken from EPC)

Rateable Value - £7,300

Council Tax
62 - Band A

EPC Rating
60 (Commercial) - B
62- D

Brochures

Legal Documents

60-62 Broadwater Road, Worthing, West Sussex, BN14 8AG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worthing Station0.3 miles
  • East Worthing Station0.8 miles
  • West Worthing Station0.9 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 280735. 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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