40 Marine Parade, Worthing, West Sussex, BN11
Key Features
- Situated on Worthing Seafront Opposite Popular Pier & Promenade
- Nearby Occupiers Include Costa Coffee, Cakebox, H&M, Pandora & Marks & Spencers
- Currently Producing £30,900 Per Annum Exclusive
- Net Yield of 6.57%
- Rare Freehold Opportunity
- Viewing Highly Recommended
Description
The premises comprise of a striking four storey victorian building situated on Worthing seafront in the heart of the Town Centre. The property provides accommodation for a ground floor bar / restaurant premises with first, second and third floors providing residential living accommodation. The ground floor has recently been let to a new Tenant and is currently being refurbished. The bar has a capacity for 120 persons both internally and externally although it is felt this could be increased if required and upon gaining the necessary consents. The property has superb natural daylight supplied via its impressive window frontage and the ground floor accommodation provides a large open plan seating area with bar located to front.
The upper floors are all sold off on 125 year leases from January 2015. This is seen as a rare opportunity to acquire a rare income producing freehold and viewing is therefore highly recommended.
Property details
- Tenure
- Freehold
- Council Tax Band
- TBC
- Date Posted
- 2026-01-29
Energy Performance Certificate
Energy Efficiency Rating
Based on UK Energy Performance Certificate standards (EU Directive 2002/91/EC)
Utilities & Restrictions
Utilities
- Electricity
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- Water
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- Heating
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- Broadband
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- Sewerage
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Rights & Restrictions
- Public Rights of Way
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- Private Rights of Way
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- Listed Property
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- Restrictions
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Property Features
- Accessibility
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- Parking
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- Garden
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Listing agent
Justice & Co Commercial Limited, Worthing
307 Goring Road Goring-By-Sea Worthing BN12 4NX
Enquire about this property
Contact Justice & Co Commercial Limited, Worthing
307 Goring Road Goring-By-Sea Worthing BN12 4NX
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