Freehold Investment/Development Opportunity For Sale

63 Rowlands Road, Worthing, BN11 3JN

Quick Summary

£350,000 Price Description: Guide Price Units: 1 Floors: 3 Area: 2400 sq ft Type: Catering, Commercial, Development, Investment, Retail Status: Under Offer Rooms: 11

Map

Property Description

An excellent opportunity to purchase the unencumbered Freehold interest of a vacant three-storey property situated in a convenient location to the west end of Worthing Town Centre.

The accommodation comprises a ground floor former Fish and Chip Shop together with non self-contained accommodation arranged over the first and second floors. Externally, the property benefits from a small rear yard space with access from Milton Road.

The versatile accommodation is considered suitable for owner-occupiers, investors and developers alike. In our opinion the upper floors could be self-contained and divided into multiple units, subject to obtaining any necessary consent.

The ground floor commercial element is considered suitable for a number of different occupiers and viewing is strongly recommended.

 

LOCATION:

Worthing is the largest town in West Sussex. Located on the coast approximately 60 miles south of London, 10 miles west of the City of Brighton and Hove and 13 miles east of the County town of Chichester.

Worthing has a resident urban population of approximately 100,000 people and a population of around 500,000 within a 13 mile catchment area.

 

SITUATION:

The property is situated in a convenient location on the south side of Rowlands Road between its junctions with Thorn Road and Milton Road.

The property is within walking distance of Worthing’s main pedestrianised shopping precinct and the town centre’s full range of shopping facilities and amenities. Occupiers in the immediate vicinity comprise a mix of residential properties, office users, retailers and eateries.

 

ACCOMMODATION:

The property has a gross internal area of approximately 2,400 sq ft with accommodation arranged over ground, first and second floors. Please refer to the attached floor plans for the property layout and approximate room measurements.

 

TERMS:

 

Tenure:

Freehold with full vacant possession.

 

Guide Price:

£350,000.

 

VAT:

We are advised that sale price is not subject to VAT.

 

AGENT’S NOTE:

We would advise all interested parties that the property is subject to a Prohibition Order, reference WK/202000058, under section 20 of the Housing Act 2004 and an Improvement Notice, reference WK/202000219, under section 11 of the Housing Act 2004.

It will be the purchaser’s responsibility to liaise with the Local Authority to discuss their future plans for the building and deal with any works required.

Copies of the Notices are available to serious parties upon request.

 

RATES:

We would recommend any interested parties make their own enquiries with Worthing Borough Council to establish the rates liabilities.

 

ENERGY PERFORMANCE CERTIFICATE:

Copies of the EPC and Recommendation Report are available by request.

 

VIEWINGS:

All viewings are strictly by prior appointment with Spratt and Son.

 

Property Brochure

Floor Plans

Contact Agent