For Sale By Auction | 09:30, 23 April 2025

121-127A Rowlands Road / 76-80 Heene Road, Worthing, West Sussex, BN11 3LA

*Guide | £150,000+ (plus fees)

  • Mixed Use
  • 3 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 23/04/2025

Auction Time

09:30

Auction Venue

Live Stream

A Substantial Corner Parade Comprising of Six Ground Floor Retail Units and Three First Floor Flats. Three of the Ground Floor Units are Subject to Leases at a Combined Rent of £18,000 Per Annum. The Three Remaining Ground Floor Retail Units and The Three First Floor Flats are all Sold Off on Long Leases.

The property comprises a substantial corner building comprising of six ground floor retail units and three first floor flats.

Tenure

Freehold

Location

The property is situated on a mixed use road close to local shops and amenities. The open spaces of Victoria Park are within easy reach. Transport links are provided by West Worthing rail station.

Accommodation

Ground Floor Six Retail Units First Floor Three Flats (Not Inspected)

Tenancy

Three of the commercial units are subject to individual leases at a combined rent of £18,000 per annum. Please refer to the legal pack for further information. The remaining three retail units are all sold off on 999 year leases. The three flats are all sold off on a 174 year lease from 24th June 1991.

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.