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Hot Food Takeaway / Residential Investment, 24a North Street, Worthing, BN11 1DU

not specified / Leisure / Investment

Withdrawn - Last updated: 28 January 2020

The property comprises a hot food takeaway shop over ground floor and 1x bedroom self-contained above.

Location

Worthing is a bustling seaside resort located on the West Sussex coastline, between the cities of Brighton & Hove and Chichester, which lie approximately 11 miles and 18 miles to the east and west respectively.  The town has an urban population of approximately 100,000 and a catchment area of 250,000 and is an established and prosperous commercial centre with fast direct access to the A24, A23 and M23 via the east/west main A27. Worthing has two railway stations offering direct rail services to London, Gatwick Airport, Brighton & Hove and Chichester. The subject property is located on the southern side of North Street, between Chapel Road and High Street in a well-established commercial thoroughfare where Lidl and Bathstore.com are represented.

The promenade, Worthing Pier and main shopping thoroughfares are all within a half a mile walking distance of subject property.

Terms

TENANCY
The property is let to private individual on a 15 year full repairing and Insuring lease term from 2nd July 2013 at a passing rent of £XXX per annum exclusive. There are upwards only rent reviews at third yearly intervals. The Landlords retain a rental deposit of £XXX

TENURE
Freehold interest, subject to the above tenancy.

GUIDE PRICE
£XXX

VAT
We understand that the property is VAT exempt.


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