58-59 New Broadway, Worthing, West Sussex, BN11 4HS
516 Sq Ft
£125,000
Property Features
- Possibility of Vacant Possession
- Flat is Sold off on a Long Lease
- Situated on a Busy Thoroughfare
- Close to West Worthing Train Station
Property Summary
Situated 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.
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.