An excellent opportunity to acquire the freehold interest of a versatile commercial property together with two self-contained flats sold on long-leaseholds. The ground floor premises, which have traded for many years as a hairdressing salon, are considered suitable for a variety of owner-occupiers and investors alike. The main double fronted shopfront is ideal for retail or office use and has an internal area of approximately 275 sq ft together with a small tea station and WC to the rear. Externally the premises has the benefit of a good size front forecourt providing off road parking for approximately four vehicles. The premises have been maintained to an excellent standard and viewing is strongly recommended.
The property is situated approximately ½ a mile from Worthing town centre and occupies a prominent position on the corner of Westcourt Road and Southcourt Road, close to the rear entrance to Worthing mainline railway station.
Ground Floor Shop
Maximum overall depth 18’7
Maximum overall width 14’11
Approximate area 275 ft2
Internal Lobby Unmeasured
Ground and First Floor Flats
The freehold interest includes a one bedroom ground floor flat and a two bedroom first floor flat. Both of these flats have their own private entrances at street level and are self-contained. Both flats have been sold on a leasehold basis and we are advised the leases have under 70 years unexpired. The freeholder collects a peppercorn ground rent and the leaseholders contribute towards buildings insurance and maintenance on an ad-hoc basis.
£127,500 for the freehold interest, subject to the residential leases and full vacant possession of the commercial parts.
Rateable Value £4,150.00
We would recommend any interested parties make their own enquiries as to the Rates Payable. Businesses may be entitled to some small Business Rate Relief, for further details please contact Worthing Borough Councils rates department on 01903 221061.
Under the Finance Act 1989, VAT may be chargeable on the rent or sale price and it recommended that prospective tenants or purchasers should make their own enquiries to establish whether or not VAT is chargeable prior to entering into an agreement.
Strictly by appointment with Spratt & Son