For Sale By Auction | 9:30, 15 October 2024 | Lot 31

Unit 1 Liverpool Buildings, Liverpool Road, Worthing, West Sussex, BN11 1SY

Sold £219,000

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Tue 15/10/2024

Auction Time

9:30

Auction Venue

Live Stream

A Mid Terrace Building Arranged to Provide a Ground Floor Shop with Ancillary Space Above. The Ground Floor Shop is Subject to a Lease Producing £25,000 Per Annum and the First Floor is Vacant.

The property comprises a mid terrace building arranged to provide a ground floor shop and first floor ancillary space.

Tenure

Freehold

Location

The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include T.K. Max, Subway and Barclays Bank. Transport links are provided by Worthing rail station.

Accommodation

Ground Floor Shop First Floor Ancillary Space

Tenancy

The ground floor shop is subject to a 10 year FRI lease from 21st January 2015 to Thomas H Collison Limited. With a rent review every five years.

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.