Guide price
£495,000
(£259.57/sq. ft)
Restaurant for sale51-55 Brighton Road, Worthing, West Sussex BN11
1,907 sq. ft
Added on
About this property
Situated on Brighton Road, Worthing Close To Junction with High Street & Warwick Street in Heart of Town Centre
Nearby Occupiers Include Flour Pot Bakery, Splashpoint Leisure Centre, Whibleys Jewellers & Waitrose Supermarket
Let Until 2051 with Passing Rent of £30,000 Per Annum Rising To £36,000 Per Annum in 2028.
Superb Asset Management Opportunity For Investor
Viewing Highly Recommended
A rare opportunity to acquire the freehold of a substantial town centre three storey building.
The property is superbly positioned on Brighton Road close to all Town Centre amenities whilst also benefitting from being a stones throw from the popular Steyne Gardens and seafront.
The ground floor was formally known as the 'Fish Factory' opened in 2001 and is offered to the market for the first time in nearly three decades.
Fitted to a high standard to include laminate wooden flooring, pendant lighting, ample electrical points, CCTV (not tested), wall mounted speakers and has superb natural daylight via its impressive window frontage. Externally a canopy provides sheltered seating and tables for paying customers.
The premises comprise of an open plan restaurant area with open commercial kitchen. To the rear of the kitchen is further ancillary storage, preparation and washing up area and a covered lean to store. The premises benefit from three WCs.
Currently the restaurant hosts approx 75 internal seats with further outside seating for 20.
The self contained upper parts comprise of 4 self contained flats which have all been sold off on 125 year leases. Further details are available upon request.
This is seen as an excellent asset management opportunity and viewing is therefore highly recommended.
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