60-62 Broadwater Road, Worthing, West Sussex, BN14 8AG

Property Details: • Type: Mixed Use • Tenure: N/A • Floor Area: N/A

Key Features:

Location: • Nearest Station: Worthing Station • Distance to Station: 0.3 miles

Agent Information: • Address: Austin Gray LLP, 37 Vernon Terrace, Brighton, BN1 3JH

Full Description: **For Sale By Auction on Thursday 13 March 2025**

*Guide Price £240,000

Freehold Mixed Investment Consisting Of A Ground Floor Commercial Unit And Self Contained 2 Bedroom Flat Total Income £23,600 PA

Description The building forms part of a terrace on the east side of Broadwater Road. This two storey building comprises of a ground floor commercial unit - currently let as hot food and takeaway. Over the first floor is a self contained 2 bedroom flat.

Situation Located on Broadwater Road adjacent to multiple shops & local amenities, The property is situated within walking distance of Worthing Station - with direct routes to London Victoria. Worthing Town Centre is less than a mile away from the property, offering a comprehensive range of shops, restaurants and leisure facilities.

Location Pin (What3Words): birds.brand.waving

Tenure - Freehold

Tenancies 60 Broadwater Road - The ground floor commercial unit is let on a 10 year lease from the 28th July 2015, at £12,000 pa and then as revised pursuant to the lease and any interim rent determined under the LTA 1954. Rent review every 5th anniversary of the lease. Effective full repairing and insuring terms. We've been informed by the landlord the current rent is £14,000 pa.

62 Broadwater Road - Let on an Assured Shorthold Agreement for 6 months from 9th March 2015 at a rent of £800pcm, tenant holding over rent hasn't been reviewed since 2015.

Accommodation Living Room - 3.9 x 3.2 Kitchen - 2.5 x 2.1 Bedroom 1 - 3.8 x 3.1 Bedroom 2 - 2.2 x 2.2 Total Floor Area - 55 sq.m.

Commercial unit Total Floor Area - 76 sq.m.

Rateable Value - £7,300

Council Tax 62 - Band A

EPC Rating 60 (Commercial) - TBC 62- TBCBrochuresLegal Documents