Retail premises for sale

2 Selden Parade, Salvington Road, Worthing, West Sussex BN13

Location

Prominently situated on Salvington Road in the established residential suburb of Salvington, to the north-west of Worthing town centre.

The property forms part of a small local parade serving the surrounding residential community, with a mix of commercial and convenience uses nearby. The location benefits from good local footfall and passing traffic, providing excellent visibility from Salvington Road.

Worthing town centre is approximately 2.5 miles to the south, offering a wide range of shopping, leisure and business amenities. The A27 is readily accessible via the A24, providing convenient connections to Brighton, Chichester and the wider Sussex road network.

The surrounding area is predominantly residential, with nearby neighbourhood facilities including schools, shops and local services. Worthing railway station is approximately 2 miles away, providing regular services to Brighton, London and other destinations.

Description

**Starting bids from £250,000**

A mixed-use freehold property situated in a prominent position along a popular secondary parade in Salvington, Worthing. The property benefits from a strong local trading position within an established parade serving the surrounding residential catchment.

The property comprises a ground floor commercial premises together with a self-contained residential element. The ground floor unit features a wide double-fronted shopfront with recessed entrance, providing excellent visibility. Internally, the accommodation is well presented and arranged as an open plan retail/office area with glass partitioning, together with a rear kitchen/storage area, WC facilities, and rear access. The property also benefits from a forecourt area to the front, suitable for two vehicles or potential outside seating.

The residential accommodation is accessed independently from the front or rear and comprises a self-contained two bedroom maisonette over the upper two floors.

The property is being sold with vacant possession.
Auction notes


This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Price

Starting bids are invited from £250,000 for the freehold interest.

Tenure Comments

Freehold

EPC

The ground floor unit has an EPC rating of C - 64.
The maisonette has an EPC rating of C - 75.

VAT

We are informed that VAT is not applicable on the terms quoted.

Use

We understand the premises benefit from Class E use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.

Legal Fees

Each party is responsible for their own legal fees in this transaction.

Viewing

Strictly by appointment with Sole Agents, Jacobs Steel.