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Agent's details

Freehold Block of 14 Apartments & 2 Commercial Units in Worthing's Prime Shopping District

For sale: £3,000,000.00|11,159 Sq Ft|Residential, Mixed use, Office, Flat, Retail - High Street, Other Property Types & Opportunities, Offices, Retail

Property details

FOR SALE£3,000,000.00
SIZE11,159 Sq Ft
ADDRESSWorthing House, 2 - 6 South Street, Worthing, BN11 3AE
TYPEResidential, Mixed use, Office, Flat, Retail - High Street, Other Property Types & Opportunities, Offices, Retail
TENUREInvestment Opportunity, For Sale Freehold, For Sale Leasehold
POSTED ON19th January 2022

Description

Worthing House is a modern self-contained mixed use building comprising 14 apartments and 2
commercial units.
The ground floor commercial comprises two large shops onto South Street. Previously office premises, Worthing House was converted to residential accommodation which was completed in October 2019. There are five upper floors of residential apartments, all benefiting from a secure reception area, video entryphones and a passenger lift. All of the apartments have recently been refurbished to a high standard. The residential element comprises a total of eight 2-bedroom apartments and six 1-bedroom apartments, totalling approximately 7,499 sq ft (GIA).Seven of the 2-bedroom apartments are rented out on ASTs, whilst the
other 2-bedroom and the 6 1-bedroom have been sold off on 125 year leases effective 1st January 2019.

All the apartments are modern and high specification, offering stylish open plan living, energy efficient appliances and smart controlled underfloor heating. Many of the apartments have sea views, whilst the 4th and 5th floor apartments have views across the South Downs as well.

Location

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Location: Worthing House, 2 - 6 South Street, Worthing, BN11 3AE

Worthing (0.6 miles)

East Worthing (1.0 miles)

West Worthing (1.2 miles)

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