Cassons, Arundel Road, Tangmere, Chichester

Cassons, Arundel Road, Tangmere,
Chichester, West Sussex, PO18 0DU

For Sale
Investment, Leisure, Retail

£600,000

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Rarely Available Established Restaurant & Residential Dwelling Situated On A27 Trunk Road

Location

The property is located in a prominent position south of the A27 dual carriageway on the outskirts of Tangmere in West Sussex. Tangmere itself is a popular village with a population of circa 4,000. The area is well known for its local landmarks, countryside beauty spots and historic attractions, such as Tangmere Military Aviation Museum. The property’s location provides a consistent passing of traffic on the A27 in both directions. The area is well served by regular local bus routes, giving access to the surrounding district. The Cathedral City of Chichester with its comprehensive shopping facilities, amenities and mainline railway station is located approximately 4.5 miles to the west, with Bognor Regis 9 miles to the south and Arundel 8 miles to the east. Tangmere is a part of Chichester District Councils strategic housing plan which will be providing over 1,300 new build houses. This new development will be within close proximity of the restaurant, with one of the entrances to the new development due to be approximately 400 metres of the property.

Description

The building comprises of three floors which are currently configured as a restaurant premises on the ground floor, with a fully fitted commercial kitchen, bar area, large seating area (approx 80 covers) and Male & Female WC’s. The ground floor restaurant benefits from a combination of carpet and stone flooring, a mix of double-glazed and single-glazed windows, wall mounted lights, exposed brickwork and wooden beams. The restaurant is in good decorative order and is complimented by the open hearth fire place in the customer dining area. The first and second floors are accessed via a galvanised exterior staircase to the side of the property which leads to a generously proportioned three bedroom flat which consists of a kitchen, large sitting room, dining room, master bedroom, a bathroom, and two further double bedrooms on the second floor. The building sits on a large plot (approximately 0.46 acres), there is a long driveaway leading to the front of the building and parking for approximately 20 vehicles. The property also benefits from a garden and courtyard area to the righthand side which gives access to the restaurant kitchen.

Accomodation

Name/FloorSq FtSq MPriceAvailability
Ground Ground Floor Restaurant1,225113.81On ApplicationAvailable
1st Flat1,121104.14On ApplicationAvailable
Total2,346217.95 

Terms

The property is available freehold with full vacant possession upon completion.

Business Rates

According to the VOA (Valuation Office Agency) the property has a Rateable Value of £11,000. Interested parties are asked to contact Chichester District Council to confirm what relief, if any, is applicable to their business.

Summary

  • Highly Prominent Established Restaurant Premises For Sale
  • Comprises of Substantial Grounds & Parking (20 Vehicles)
  • Ground Floor Restaurant with First Floor Living Accommodation
  • Suit Owner Occupier. Potential Residential / Commercial Development Angle (stpc)
  • Freehold with Full Vacant Possession
  • Viewing Highly Recommended