Location

Description

An opportunity to either lease or purchase a substantial and well positioned three storey office building with the additional attractive benefit of allocated parking for approx 6/7 cars at the front.

This striking corner positioned building is superbly presented whilst also retaining some of the properties original features. Accessed via wooden secure entryphone door the property provides a mixture of cellular office rooms located over ground and first floor levels whilst the second floor provides more open plan storage space albeit with some restricted head height office accommodation. There are WC's located at ground and first floor levels whilst there is a superb kitchen and staff break out area located at the rear of the ground floor with access out onto a shared courtyard.

The offices benefit from carpeted flooring throughout, LED strip lighting, ample electrical and data sockets, gas central heating (not tested) and entryphone system (not tested). The property also has the added benefit of single glazed Georgian sash windows.

This is seen as a rare and exciting opportunity for a commercial occupier, within a variety of sectors (subject to obtaining the necessary planning consents) to lease or purchase a substantial town centre premises with parking and viewing is therefore highly recommended.

*Please note the front wall is surrounding the property is grade II listed.

Accommodation

The property has the following approximate floor areas:

Ground Floor
Entrance / Hallway	118 Sq Ft
Office One	271 Sq Ft
Meeting Room	279 Sq Ft
Office Two	113 Sq Ft
Office Three	174 Sq Ft
Kitchen	133 Sq Ft
First Floor
Hallway	112 Sq Ft
Office Four	87 Sq Ft
Office Five	258 Sq Ft
Office Six	279 Sq Ft
Office Seven	69 Sq Ft
Office Eight	122 Sq Ft
Second Floor
Storage	92 Sq Ft
Office Nine	192 Sq Ft
Office Ten	178 Sq Ft
Office Eleven	170 Sq Ft
TOTAL AREA	2,647 Sq Ft

Terms

The property is available by way of a new FR&I Lease to be granted inside the provisions of the 1954 Landlord & Tenant Act (Part II).

Alternatively, the freehold may be available with full vacant possession upon completion. Further details available upon request.

Rent / Guide Price & VAT

Rent: £35,000 Per Annum Exclusive

Freehold: £450,000 (Four Hundred & Fifty Thousand Pounds)

VAT is not to be charged on the quoting terms

Opportunity

This is seen as a versatile commercial property which huge potential.

The property would be suitable for purchase by an owner occupier or investor. An investor could expect to see a rental return of circa £35,000 Per Annum.

A new owner could apply for planning permission to convert the existing offices into residential apartments.

Alternatively the property could be let to a variety of commercial businesses for continued commercial use.

Business Rates

According to the VOA (Valuation Office Agency) the property has a rateable value of £25,750. Interested parties are asked to contact Adur & Worthing councils directly to ascertain whether any rates relief may be applicable to their business.

Legal Costs

Each party to pay their own costs

EPC

Anti-Money Laundering

In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction