30 Brighton Road, Worthing, West Sussex, BN11 3ED

Location

Located on Brighton Road, one of the main arterial routes through Worthing, the property benefits from excellent visibility and accessibility, making it an attractive location for a variety of businesses. It is conveniently positioned close to Worthing town centre, with a wide range of shops, cafés, restaurants, and professional services within easy reach.

Worthing is a thriving coastal town situated on the south coast of West Sussex, approximately 10 miles west of Brighton and 18 miles east of Chichester. The town benefits from excellent transport links, with Worthing railway station located approximately 0.6 miles away, providing direct services to Brighton, London Victoria, and surrounding areas. The A27 is also easily accessible, offering convenient connections across Sussex and beyond.

Description

An excellent opportunity to acquire a fully income-producing freehold mixed-use investment comprising a ground floor commercial unit and two self-contained one-bedroom apartments to the rear of the property. The upper floors are sold off. Occupying a prominent position within an established retail parade, this mid-terraced property offers a well-balanced investment with established commercial and residential income streams.

The ground floor commercial premises are currently let to a takeaway business and feature a prominent glazed frontage, customer waiting area, fully fitted commercial kitchen with extraction system, and rear access. The commercial unit currently generates an annual rental income of £8,700 per annum, exclusive.

To the rear of the property is a self-contained one-bedroom apartment comprising an open-plan lounge/kitchen, double bedroom and bathroom. This apartment is currently let at £795 per calendar month.

The adjoining maisonette apartment benefits from its own private entrance and comprises stairs to the first-floor consisting a lounge, fitted kitchen, double bedroom and bathroom. This apartment is also fully let, generating £900 per calendar month.

The property is fully occupied and produces a combined rental income of £29,040 per annum, providing an immediate return for investors.

The sale comprises the freehold interest in 30 Brighton Road and 21D Warwick Road, Worthing BN11 3ET, together with the leasehold interest of 21C Warwick Road, Worthing BN11 3ET.

Price

Offers are invited in the region of £325,000 for the freehold interest.

Tenure Comments

Freehold

EPC

The ground floor has an EPC rating of B - 47.
21C has an EPC rating of D - 66.
21D has an EPC rating of D - 60.

VAT

We are informed that VAT is not applicable on the terms quoted.

Use

The premises are understood to benefit from Use Classes E and C3. However, interested parties are advised to satisfy themselves with the Planning Department regarding the suitability of their intended use.

Legal Fees

Each party is responsible for their own legal fees in this transaction.

Viewing

Strictly by appointment with Sole Agents,
Jacobs Steel.