Land And Garage Block, East Of 168 To 176 Sompting Road, Radbone Close, Worthing, West Sussex, BN14 9EL
Size
952
Tenure
Freehold
EPC
Ask agent
Parking
Ask agent
- Primary use
- Mixed use
- Other use(s)
- Light industrial, Land, Light industrial
No floor / site plan
Key features
- Associated land included
- Two modernised garage/workshop units
- Private driveway access
- Combined rental income of £15,000 per annum
Description
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.
- Service charge
- Ask agent
- Business rates
- Ask agent
- Use class
- Ask agent
- Listed building
- Ask agent
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
- Ask agent
- Environmental description
- Ask agent
Brochure
Land And Garage Block, East Of 168 To 176 Sompting Road, Radbone Close, Worthing, West Sussex, BN14 9EL
Your search history
You have no recent searches
Disclaimer - Property reference 116FH. 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.