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COMMERCIALSOLD STC

14 Crescent Road, Worthing, BN11 1RL

Guide Price
£350,000
Austin Gray, Auction House Sussex
PROPERTY TYPE

Mixed Use

BEDROOMS

3

SIZE

Ask agent

Description

Sold for an undisclosed amount

**For Sale By Auction on Thursday 25 January 2024**

*Guide Price £350,000

Freehold Mixed Investment Arranged Over 4 Storey's in Central Worthing

Description
This freehold investment comprises a vacant restaurant on the ground floor, with kitchen, wc's and store room to the rear. To the first floor is a non self contained 1 bedroom flat. Over the second and third floor is a 2 bedroom maisonette. There is potential to convert the non-self-contained first floor flat into a 1-bedroom self-contained flat subject to necessary consents. Interested parties must rely on their own enquiries.

Situation
The property is within close proximity of both Worthing Seafront and Worthing Town Centre, with it's variety of shops, restaurants and general amenities. The A259 provides direct access to Brighton to the East and Chichester to the West - Worthing mainline station is within a mile of the property, providing direct links to London Victoria.

Location Pin (What3Words): stand.ledge.sweat


NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY

Tenure
Freehold

Tenancy
We have been informed by the owner, that the property is let on an Assured Shorthold Agreement at approximately £10,500 p.a. We have not had sight of the AST agreement but understand a copy is to be uploaded to the legal pack.

Rent
Restaurant - Vacant
First Floor Flat - Vacant
Top Floor Maisonette - £10,500pa



Accommodation
RESTAURANT
Total Floor Area - 85 sq.m.

FIRST FLOOR FLAT
Total Floor Area - 51 sq.m.

TOP FLOOR MAISONETTE
Total Floor Area - 85 sq.m.

Rateable Value - £4,900

Council Tax
First Floor Flat - Band A
Top Floor Flat - Band A

EPC Rating
Restaurant - C
Top Floor Flat - D

Brochures

Legal Documents

14 Crescent Road, Worthing, BN11 1RL

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worthing Station0.6 miles
  • West Worthing Station0.9 miles
  • East Worthing Station1.2 miles
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About Austin Gray, Auction House Sussex

Austin Gray LLP, 37 Vernon Terrace, Brighton, BN1 3JH
Industry affiliations:

Auction House Sussex & Hampshire is one of the largest property auctioneers in the South of England. Operated by Estate Agency Austin Gray, we have more than 40 years' experience selling properties at auction.

Through our extensive market knowledge and proactive marketing, we are highly regarded for selling residential investment properties locally.

Each year we hold in excess of seven live stream and multiple online auctions. Our team sell a significant number of lots in the Brighton & Hove area where our offices are located. These include residential & commercial property, development sites, land & garages.

In 2023 we have expanded our South East coverage to include Hampshire. Our auction services are now available across the whole of Sussex and Hampshire. These areas include Chichester, Rye, Horsham, Crawley, Basingstoke & Dean, Petersfield, Gosport and The New Forest.

If you need any advice or assistance, please call our team who would be delighted to help you.

Notes

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Disclaimer - Property reference 233193. 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 Austin Gray, Auction House Sussex. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Austin Gray, Auction House Sussex on 01273 109784.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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