- Commecial/Residential Property For Sale
- Potential Development Opportunity
An established business or investment opportunity for sale offering both commercial and residential components. Subject to the necessary consents, this property could represent a good development project also.
This mixed use property is situated in an established and easily accessible road opposite Homefield Park Gardens. Park Road is in an increasingly popular location being walking distance from the town centre but at the same time, shielded from the bustle and crowds. A selection of shops, coffee shops, restaurants bars and amenities are on the doorstep. Worthing mainline station is an easy 0.3 miles away with direct links to Brighton and London. Worthing seafront is within half a mile.
The business insitu is Worthing Auto Electrics and has been trading for over 30 years from this location. While no Ongoing Concern will be sold along with the purchase, there will be an accumulated Good Will that any purchaser looking to operate in the same industry will inevitably benefit from. The commercial space measures circa 700 sq ft and would give the opportunity to achieve around £14,000 per annum.
To the first floor accessed via its own front door to the ground floor is a spacious two double bedroom maisonette. This accommodation comprises a Lounge, Kitchen/Dining Room, Two Bedrooms and Bathroom. This would suit purchasers looking to live alongside their business or provide additional income at circa £1,100 to £1,200 per calendar month.
Usage class and rates information are available on request.