Under Offer

TypeDevelopment - Residential · Retail Investments

BN11 48 South Street, Worthing

TenureFor sale

48 South Street, Worthing, BN11 1/1

Specification

Building size
Building size 7,827 sqft
Property type
Property type Development - Residential · Retail Investments
Tenure
Tenure For sale

Description

A rare and excellent opportunity to acquire an income producing town centre investment with the added benefit of development potential at first and second floor levels.The ground floor is nestled in between a mix of national and regional retailers and historically has traded in both the retail and office sectors. Currently home to a national insurance brokers the property provides open plan office accommodation to front with rear office, store and staff facilities. The ground floor benefits from superb window frontage onto South Street, carpeted flooring, suspended ceiling with LED lighting, ample electrical points/sockets and air conditioning (not tested).The upper floors which are self contained, have been through a carefully considered design and planning process providing a mix of studio, one, two and three bedroom apartments. The apartments are spacious and bright and provide open plan living/dining/kitchen space with separate bathrooms and bedrooms. There is a communal bin and bike store planned for the rear of the ground floor.

Location

Worthing with a population in excess of 100,000 is a popular seaside town located in between the cities of Brighton (13 miles east) and Chichester (18 miles west) on the southcoast of England. Worthing is famed for its pier and promenade and both are within 250 yards of the subject property which is situated along South Street in the heart of the town centre. Nearby Warwick Street is known for its versatile choice of independent retailers, drinking establishments and eateries. A short walk away is Montague Street and Chapel Road where major retailers such as Boots, Marks & Spencer, H&M and the new Pret A Manger are situated. Worthing mainline railway station with its regular service along the southcoast and north to London (journey time of 1 hour and 25 minutes) is located one mile to the north of the property whilst the town's major bus route is 50 yards from the property.

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