Location
The property is situated on Radbone Close, accessed from Sompting Road in Worthing, within an established residential and commercial area to the north of the town centre.
The location provides convenient access to Sompting Road and the A27, offering good connectivity to Worthing, Lancing, Shoreham-by-Sea and the wider West Sussex area. Worthing town centre is approximately 2 miles to the south, while the A27 is readily accessible via the surrounding road network.
Description
An excellent investment opportunity to acquire a freehold modernised workshop comprising two garage units with associated land, situated on a private driveway off Radbone Close, Worthing.
The property provides two secure and versatile garage/workshop units, offering an attractive investment opportunity with the benefit of two established rental incomes.
Unit 1 is currently let at £575 pcm and Unit 2 at £675 pcm, providing a combined rental income of £1,250 pcm (£15,000 per annum).
Both units provide secure and adaptable accommodation suitable for a range of commercial, storage, workshop or business uses, subject to any necessary consents.
The workshop is of cavity wall construction and benefits from twin electric shutter doors, together with a new insulated metal roof.
Internally, the property has been substantially upgraded and benefits from mains water, power points throughout, new LED lighting, a mezzanine floor and eco tile flooring throughout, providing clean, modern and functional accommodation.
The property also benefits from a fully fitted shower room, including a sink, WC and electric shower.
Price
Offers are invited in the region of £200,000 for the freehold interest.
Tenure Comments
Freehold
VAT
We are informed that VAT is not applicable on the terms quoted.
Use
The premises are understood to benefit from Use Class Sui Generis 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.
