33 Rugby Road, Worthing, West Sussex, BN11 5LS
Size
2,032
Tenure
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EPC
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Parking
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- Primary use
- Commercial development
- Other use(s)
- Mixed use
Key features
- Income Producing
- Off Road Parking & Garage
- 5 Self Contained Apartments
- Wrap Around Garden
- Off Road Parking & Garage
Description
Ideally situated in the desirable West Worthing area, just a short walk from West Worthing railway station and within easy reach of local amenities, the town centre, and the seafront (approx. 1Â km away).
Description
This substantial and imposing detached property presents an opportunity to acquire a fully let building, currently arranged as five self-contained apartments over three storeys. The property generates a gross rental income of £42,708 per annum, with significant potential for rental uplift following internal refurbishment.
The accommodation comprises four one-bedroom apartments and one studio, each benefitting from private kitchens and bathrooms. Additional features include gas central heating and double glazing.
Externally, the property features a wrap-around rear garden and off-road parking, with potential for further development (subject to necessary consents), enhancing its long-term investment appeal.
Price
Offers are invited in the region of £650,000 for the freehold interest.
Tenure Comments
Freehold
Rent
The overall income for the property is £42,708 per annum, exclusive.
EPC
Flat 1 has an EPC rating of D - 66.
Flat 2 has an EPC rating of E - 52.
Flat 3 has an EPC rating of D - 61.
Flat 4 - an EPC has been requested.
Flat 5 has an EPC rating of E - 52.
VAT
We are informed that VAT is not applicable on the terms quoted.
Use
We understand the premises benefit from Class C4 use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.
Legal Fees
Each party is responsible for their own legal fees in this transaction.
Viewing
Strictly by appointment with Sole Agents,
Jacobs Steel.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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Brochure
33 Rugby Road, Worthing, West Sussex, BN11 5LS
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Disclaimer - Property reference 1245FH. 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 Jacobs Steel Commercial, 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.