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40 Marine Parade, Worthing, West Sussex, BN11

Guide Price
£450,000

£101.67 per sq ft

Business rates & charges may apply

Justice & Co Commercial Limited, Worthing
SIZE AVAILABLE

4,426 sq ft

411 sq m

SECTOR

Mixed use property for sale

Key features

  • Situated on Worthing Seafront Opposite Popular Pier & Promenade
  • Nearby Occupiers Include Costa Coffee, Cakebox, H&M, Pandora & Marks & Spencers
  • Currently Producing £30,900 Per Annum Exclusive
  • Net Yield of 6.57%
  • Rare Freehold Opportunity
  • Viewing Highly Recommended

Description

The premises comprise of a striking four storey victorian building situated on Worthing seafront in the heart of the Town Centre. The property provides accommodation for a ground floor bar / restaurant premises with first, second and third floors providing residential living accommodation. The ground floor has recently been let to a new Tenant and is currently being refurbished. The bar has a capacity for 120 persons both internally and externally although it is felt this could be increased if required and upon gaining the necessary consents. The property has superb natural daylight supplied via its impressive window frontage and the ground floor accommodation provides a large open plan seating area with bar located to front.

The upper floors are all sold off on 125 year leases from January 2015. This is seen as a rare opportunity to acquire a rare income producing freehold and viewing is therefore highly recommended.

Energy Performance Certificates

EPC Rating GraphEPC Rating Graph

Brochures

40 Marine Parade, Worthing, West Sussex, BN11

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worthing Station0.7 miles
  • East Worthing Station1.1 miles
  • West Worthing Station1.1 miles

About Justice & Co Commercial Limited, Worthing

307 Goring Road Goring-By-Sea Worthing BN12 4NX

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 afforded them with an enviable knowledge and understanding of the market and the intricate needs of our clients.

Our client base is broad within the public and private sectors and using our significant knowledge and experience of the local property market, we are well placed to serve all types of business. We cover a wide area that spans from Chichester to Horsham to Brighton.

Notes

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Disclaimer - Property reference JUC250023. 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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