Mixed Use

Location

The property is situated on the edge of Salvington along popular Selden Parade. Close to bus stops and easy access to main A27 & A24 roads. Worthing Town Centre with its comprehensive shopping amenities, restaurants, pubs, cinemas, theatres and leisure facilities are approximately 2.5 miles away. The nearest train station is West Worthing which is just over a mile away.

Description

A mixed-use freehold property situated in a prominent position along a popular secondary parade in Salvington, Worthing. It comprises a ground floor commercial premises and self-contained one-bedroom flat.

The ground floor commercial unit features a double-fronted shopfront with a recessed entrance. Internally, the layout includes open plan area to the front with the addition of a rear kitchen/storage area, WC and rear access.

The flat is accessed independently from the front of the property and comprises lounge, kitchen and bedroom.

Above the commercial premises is a self-contained one-bedroom flat, currently let at £800 per calendar month. The property is income producing and generating a rental income of £16,100 per annum, with the commercial unit producing £6,500 annually, with scope for uplift.

Price

Offers are invited in the region of £250,000 for the freehold interest.

Tenure Comments

Freehold

EPC

The first floor flat has an EPC rating of E - 39.
An EPC has been requested for the ground floor premises.

VAT

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

Legal Fees

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

Viewing

Strictly by appointment with Sole Agents,
Jacobs Steel.