58-59 New Broadway, Worthing, West Sussex, BN11 4HS

Property Details: • Type: 516 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Possibility of Vacant Possession • Flat is Sold off on a Long Lease • Situated on a Busy Thoroughfare • Close to West Worthing Train Station

Location: • Nearest Station: West Worthing Station • Distance to Station: 0.2 miles

Agent Information: • Address: 12 Chapel Road, Worthing, BN11 1BJ

Full Description: LocationThe property is located along Tarring Road which offers a variety of shops. Worthing town centre with its comprehensive shopping amenities, restaurants, pubs, cinemas, theatres and leisure facility's is approximately 1 mile away. The nearest main line station is West Worthing which is approximately 0.3 miles away and bus services run nearby.DescriptionSituated on popular New Broadway shopping parade in West Worthing, this two storey building is made up of a first floor flat, which is sold off, but benefits from annual ground rent. The ground floor premises is currently let to an established business and producing a rental income of £8000 per annum, exclusive with possible vacant possession offered. In our opinion, we believe the rent could be increased to circa. £10,000 per annum, exclusive. AGENTS DISCLAIMER N.B. Under the Estate Agents Act 1979, we advise that the vendor is a director of Jacobs Steel and Company Limited.PriceOffers are invited in the region of £125,000 for the freehold interest.Tenure CommentsFreehold EPCThe property has an EPC rating of C - 74.VATWe are informed that VAT is not applicable on the terms quoted.UseWe understand the premises benefit from Class E use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.Legal FeesEach party is responsible for their own legal fees in this transaction.ViewingStrictly by appointment with Sole Agents, Jacobs Steel.