St Mary's House, St Mary's Road, Shoreham by Sea, BN43 5ZA

Description
A rare opportunity to purchase this substantial Grade II Listed building situated on a large site with front forecourt parking and large rear garden, and located in a prime position on St Marys Road, Shoreham. The property is mostly vacant but benefits from a tenant in rooms 5-9. The property offers the potential to convert into residential accommodation, subject to necessary planning consents

Location
Situated on St Marys Road, Shoreham-By-Sea within the jurisdiction of Adur and approximately 5.7 miles to the west of central Brighton and Hove. The property is within the commercial area of the town centre, occupying a central position and close to East Street. Shoreham-By-Sea railway station is in close proximity and only a short walk away.

Terms
Offers are invited in the region of the £500,000 for the freehold interest of the property (subject to existing tenancy).

Tenant
Let to Maxwell-Deen Dentistry Ltd and held on an effective full repairing and insuring lease inside LTA 1954 for a term of 15 years from 6 May 2014. The current passing rent is £9,000 per annum exclusive.

Rateable Value
Rooms 1-4 - £8,500
Rooms 5-9 - £7,900
Rooms 10-11 - £2,800
Room 12 - £1,800
Room 13-18 - £11,250
Room 20-24 - £7,500

EPC's
Rooms 5-9 – B 83
Rooms 13-18 – D 81
Rooms 20-24 – B 92