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38-42 Portland Road, Worthing, West Sussex, BN11

Guide Price
£585,000

£214.92 per sq ft

Business rates & charges may apply

Justice & Co Commercial Limited, Worthing
SIZE AVAILABLE

2,722 sq ft

253 sq m

SECTOR

Commercial development for sale

Key features

  • Superb Asset Management Opportunity in Heart of Worthing Town Centre
  • Nearby Occupiers Include Marks & Spencer, Boots, Superdrug, Saltrock, JD Sports & H&M
  • Net Initial Yield of 8%
  • Ground Floor Let to Supermarket on 15 Year Lease From November 2024. Superbly Fitted Out
  • Viewing Highly Recommended

Description

A rare opportunity to acquire the freehold of a substantial town centre three storey building.

The property which is well positioned in the centre of the town just off Montague Street comprises of a versatile Class E ground floor commercial premises with the first and second floors providing 8 self-contained residential flats which have been sold off on long leases.

The ground floor has recently been let to an international supermarket who have completely re-fitted the premises to include non-slip flooring, LED strip lighting, air conditioning (not tested), ample electrical points, CCTV (not tested) and superb triple fronted double glazed window frontage.

This is seen as an excellent asset management opportunity and viewing is therefore highly recommended.

Energy Performance Certificates

EPC Rating Graph

Brochures

38-42 Portland Road, Worthing, West Sussex, BN11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worthing Station0.5 miles
  • West Worthing Station1.0 miles
  • East Worthing Station1.1 miles

About Justice & Co Commercial Limited, Worthing

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

Justice & Co is an independent, family-run property agency based in Worthing, specialising in commercial property across Sussex and the wider South Coast. With over 20 years of industry experience, we provide expert advice and a personal, director-led service across commercial sales, lettings, acquisitions, investments and property management.

Our commercial department works with landlords, investors, developers, business owners and occupiers, offering a comprehensive service tailored to the needs of each client. From individual retail premises and offices to industrial units, investment portfolios and substantial development opportunities, we combine in-depth local market knowledge with a proactive approach to achieving the best possible outcomes.

We understand that every commercial property decision is an important one. Whether you are looking to sell an investment, let vacant premises, acquire a new business location or maximise the performance of your property portfolio, our experienced team provides honest advice, clear communication and a hands-on approach from instruction through to completion.

As an independent agency, we pride ourselves on building long-term relationships rather than simply completing transactions. We take the time to understand our clients' objectives, offering realistic advice, considered marketing strategies and a commitment to delivering a service that goes beyond expectations.

Alongside our commercial expertise, Justice & Co also offers a dedicated residential department, providing sales and property-related services to homeowners, landlords and investors. This breadth of experience gives us a valuable understanding of the wider property market and the opportunities it presents.

At Justice & Co, we believe in putting people before targets and relationships before transactions. Our reputation is built on experience, integrity and a genuine commitment to our clients.

Notes

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Disclaimer - Property reference JUC250141. 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.