10 High Street, Worthing, West Sussex, BN11 1NU
£156.04 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
8,011 sq ft
744 sq m
- SECTOR
High street retail property for sale
Key features
- Centrally Located
- Suit a Variety of Different Uses STNC
- Income Producing
- Possible Development Potential STP
Description
Situated in the heart of Worthing town centre, close to the seafront, main shopping parades and within easy reach of Worthing mainline station.
Description
A substantial premises made up of two adjoining units each with separate entrances. The building is let to Group Entertainment Ltd trading as Angels Bar & Nightclub. The premises are let on a 15 year lease at a current annual rent is currently £125,000, rising to £135,000 from 2025 for the remainder of the term.
The premises are predominantly open plan and consist of a part mezzanine seating area with bar which overlooks the main dance area located on the ground floor, comprising of bar, seating booths and DJ area. An internal door leads to a further self contained bar area with dance floor and additional seating.
This substantial premises has potential for future development STP.
NB Please note there have been some alterations, including repositioning of the main bar, since this floor plan was prepared.
Price
Offers are invited in the region of £1,250,000 for the freehold interest.
Tenure Comments
Freehold Investment
EPC
The property has an EPC rating of D - 76.
VAT
We are informed that VAT is not applicable on the terms quoted.
Use
We understand the premises benefit from Class E 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 Agents,
Jacobs Steel.
Brochures
10 High Street, Worthing, West Sussex, BN11 1NU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Worthing Station0.6 miles
- East Worthing Station0.8 miles
- West Worthing Station1.2 miles
About Jacobs Steel, Jacobs Steel Commercial, Worthing
12 Chapel Road, Worthing, BN11 1BJ
Notes
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