8 bedroom end of terrace house for sale

A rare opportunity to acquire this freehold mixed use part possession occupying a prominent corner location on Worthing seafront. This end-terrace period property is arranged over five floors as a bar and restaurant on the ground floor (with basement), plus self-contained upper parts arranged as two, two-bedroom flats and one, three-bedroom flat with access from Marine Parade at the front and Bedford Row to the rear.

The ground floor is let on a 20-year lease at £37,500 per annum to Number Twenty Four Bar and Kitchen as a licenced premises having been established in this location for a number of years. The upper parts are offered with full vacant possession with the potential to refurbish and re-let or sell on.

The property is situated in a central and convenient location directly on Worthing seafront with comprehensive local shopping facilities and amenities in the immediate vicinity and excellent road links to Brighton, Chichester and all coastal towns via the A259.

Ground Floor
Internal seating area and bar, ladies & gents W.C.s, inner lobby, store, staff W.C., preparation room and office.

Lower Ground Floor
Basement cellar/store.

Outside
Outside covered seating area, garage with vehicular access to Bedford Row.

Tenancy
Let on a fully repairing and insuring 20-year lease from July 2019 at a current rental of £37,500 per annum, there are five yearly rent reviews.

EPC Rating
D (88). Total Floor Area 180 sq.m.

Residential Upper Parts
Gated access to upper parts from Marine Parade and Bedford Row.
Ground Floor
Entrance hall, stairs to half landing.

Flats 1 & 2
First Floor Flat
Hallway, living room, double glazed doors to south-facing full length sun terrace, kitchen, glazed door to rear access, two double bedrooms, inner hallway and stairs down to bathroom and separate W.C.

Staircase to:-
Second Floor Flat
Landing, three double bedrooms, shower room/W.C. and utility room with door to rear access.
EPC Rating E
Council Tax Band D

Flat 3
Third Floor
Hallway, living room, kitchen, door to rear access, three double bedrooms and bathroom with W.C.
EPC Rating D
Council Tax Band B

Freehold with Part Vacant Possession

Residential EPC: D

Commercial EPC: D

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.

Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on[use Contact Agent Button], in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to