A rare opportunity to purchase a substantial and versatile Class E premises within a popular neighbourhood shopping parade which has traded as a highly respected bakery for in excess of 40 years.
Comprising of a ground floor retail premises with preparation area and bakery at the rear. Externally there are various storage containers on-site and a separate outbuilding which provides a fully functional bakery premises.
The property benefits from tiled flooring (non slip in outbuilding), mixture of spot and strip lighting, three phase electricity, 13ft single glazed window frontage, air conditioning (to rear outbuilding) and is presented to the market ready for a new owner or investor to refurbish for their required occupation.
Available due to retirement the property would be suitable for continued use as a bakery or similar or alternatively could be refurbished for a variety of other commercial uses (subject to obtaining any necessary consents). This is seen as an extremely rare opportunity to acquire substantial commercial premises in one of Worthing's most sought after shopping locations and viewing is therefore highly recommended.
Location
Findon Valley is a well established residential district situated 4 miles to the north of Worthing Town Centre. Situated within an extensive neighbourhood shopping parade which provides local retail services with occupiers including Tesco Express, Post Office, Betfred and a whole host of independent retailers, office occupiers and take away outlets.
The parade benefits from free restricted parking immediately to the front with additional parking in the layby adjoining the A24 Findon Road.
Worthing is a popular seaside town situated on the southcoastof England approx13 miles to the west of Brighton and 18 miles to the east of the cathedral city of Chichester.
Accommodation
The property has the following approximate floor areas:
Main Retail Area - 256 sq ft
Sandwich Prep Area - 176 sq ft
Bakery - 475 sq ft
Outbuilding (available by separate negotiation)
Bakery - 355 sq ft
TOTAL AREA - 907 sq ft
Terms
Terms - Freehold, with full vacant possession of the ground floor and outbuilding. In addition the sale includes the upper parts which are sold off on a long lease for 999 years from December 1983. A peppercorn rent is attributed to the property. Further details available upon request
Guide Price & VAT - Offers in Excess of £195,000 (One Hundred & Ninety Five Thousand Pounds)
VAT is not to be charged on the quoting terms
Land Opportunity - Our clients own a small parcel of land adjoining the outbuilding mentioned above (see above and opposite pictures). The land is approx. 1,000 Sq Ft. The land is currently used for storage of refuse bins and parking. The outbuilding and Land is available for a further £80,000 (Eighty Thousand Pounds). Further details available upon request.
Business Rates - According to the VOA (Valuation Office Agency) the property has a rateable value of £6,100. It is therefore felt that an occupier, subject to their status, may be able to benefit from 100% small business rates relief. Interested parties are asked to verify this information with the local authority.
Legal Costs - Each party to pay their own costs
EPC - To Follow
Anti-Money Laundering - In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the tenant together with evidence/proof identifying the source of funds being relied upon to complete the transaction.
Specification
- Situated on Popular A24 Findon Road
- Nearby Occupiers Include Tesco Express, M&S Food, Betfred & The Post Office
- Established Use as Much Loved Former Bakery Premises - Suit Similar, Although Other Commercial Uses Considered
- Suit Owner Occupier or Investor
- Potential For Further Storage Land & Outbuilding at Rear (by separate negotiation)
- Available Due to Retirement
- Viewing Highly Recommended