Entirely let to tenant trading as James Perry Interiors until October 2023
Includes substantial 3 bed maisonette and rear garage
Separate access from front to maisonette
Asset management opportunities
VAT-free investment
Lot 28
Auction 12th February 2020
Rent £23,000 per Annum Exclusive
Status Sold
Price £350,000
Sector High Street Retail
Auction Venue The Montcalm Hotel 2 Wallenberg Place Marble Arch London W1H 7TN
Property Information
Location
Miles
12 miles west of Brighton
19 miles east of Chichester
Roads
A24, A27
Rail
West Worthing
Air
London Gatwick
Situation
Worthing is a large seaside town on the south coast, 12 miles west of Brighton. The property is located on the south side of Goring Road, in a prominent position near the junction with George V Avenue, about 2 miles west of Worthing town centre. Nearby retailers on Goring Road include Costa Coffee, Boots the Chemist, Co-op Food, Tesco Express and Iceland, as well as a number of independent retailers.
Tenure
Freehold.
Location
Miles
12 miles west of Brighton
19 miles east of Chichester
Roads
A24, A27
Rail
West Worthing
Air
London Gatwick
Situation
Worthing is a large seaside town on the south coast, 12 miles west of Brighton. The property is located on the south side of Goring Road, in a prominent position near the junction with George V Avenue, about 2 miles west of Worthing town centre. Nearby retailers on Goring Road include Costa Coffee, Boots the Chemist, Co-op Food, Tesco Express and Iceland, as well as a number of independent retailers.
Tenure
Freehold.
Description
The property comprises a ground floor shop with a three bedroom maisonette arranged on the first and second floors, accessed separately from Goring Road. The property benefits from a garage to the rear.
VAT
VAT is not applicable to this lot.
EPC
Band D. See legal pack at acuitus.co.uk
Description
The property comprises a ground floor shop with a three bedroom maisonette arranged on the first and second floors, accessed separately from Goring Road. The property benefits from a garage to the rear.
15 years from 09/10/2008 on a full repairing and insuring lease
£23,000
Total CommercialArea
60.1 sq m
(647 sq ft)
£23,000
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
