£825,000

• Freehold Investment For Sale
• Comprising of 7 Apartments
• Centrally Located
• Income Producing
• Off Street Parking

DESCRIPTION Two substantial adjoining semi-detached properties comprising in total 7 self-contained apartments spread over 2 properties and accessed via a communal entrances. Each apartment consists of a living/bedroom area, private bathroom and kitchen. Three of the ground floor flats benefit from direct access to the communal rear gardens. The property is fully let and income producing. There is a potential for extension to the rear of the properties (STP). 

The properties are available individually, subject to negotiation. 

LOCATION Located in the heart of Worthing town centre with its comprehensive shopping amenities, restaurants, pubs and cinemas. Worthing seafront is located just a short walk away, approximately 300m. The nearest main line station is Worthing which is approximately 0.8 miles away with regular coastal bus services running nearby.

TENURE Freehold investment

PRICE Offers are invited in the region of £825,000 for the freehold interest.

RENT The overall income for the property is £58,800 per annum. In our opinion, the rents could potentially be increased.

EPC EPC's available on request.

VAT We are informed that VAT is not applicable on the terms quoted.

USE We understand the premises benefits from C3/C4/Sui Generis use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.

LEGAL FEES Each party is responsible for their own legal fees in this transaction.

VIEWING Strictly by appointment with Sole Agents, Jacobs Steel.