£650,000
Property for sale
Property photos
Freehold
Guide price
£650,000
Property for sale
North Street, Worthing BN11Local area information
Property location
Nearby amenities
- Reflections Small School 0.2 miles
- Our Lady of Sion School 0.3 miles
- Worthing 0.4 miles
- East Worthing 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Worthing to find out more about the local area.
Features and description
- Freehold
- Prime town centre location adjacent to Lidl
- High levels of passing traffic and pedestrian footfall
- Prominent, double-fronted style showroom with excellent visibility
- Established commercial use with decades of successful trading history
- Rear office and ancillary accommodation
- Two self-contained residential flats
- Potential to create a third flat (STPP)
- Scope for roof extension to form additional floor (STPP)
- Suitable for a variety of commercial and mixed-use investors
- Sold with vacant possession | Rare freehold investment and development opportunity
An exceptionally rare opportunity to acquire a highly prominent and versatile freehold showroom premises, superbly positioned on a busy main road in the heart of Worthing town centre, adjacent to the ever-popular Lidl. The property benefits from substantial passing vehicular traffic and strong footfall, making it an ideal trading location for a wide variety of businesses.
This attractive and characterful building has been home to a long-established stonemasonry business, successfully trading for decades and offering an incoming purchaser the potential to continue within the same trade, capitalising on its established reputation and loyal customer base.
The ground floor comprises a striking, large window-fronted showroom, providing excellent visibility and display opportunities. To the rear, there are well-proportioned office and operational areas, lending themselves to a range of commercial uses.
Above, the upper parts have been thoughtfully arranged to provide two self-contained residential flats, offering an immediate income stream or owner-occupier flexibility. In addition, there is clear potential to reconfigure the existing accommodation to create a third flat, subject to the necessary consents.
Further development potential exists to extend into the roof space, with scope to create an additional floor, subject to planning permission-enhancing both the residential capacity and overall value of the asset.
Properties of this calibre and versatility in such a prime Worthing location are seldom available. Early enquiries are strongly advised to fully appreciate the potential on offer.
22 North Street, Worthing
Shop...................................................................£20,000 - £25,000........... £25,000
fff.....................................................................£1,400 pcm.....................£16,800
fff - Potential conversion of third flat STP.........£1,000 pcm......................£12,000
Second Floor Flat............................................... £1,000 pcm.....................£12,000
Total Income.............................................................................................£65,800
At £625,000 - £650,000 - This is offering over 10% yield.
This attractive and characterful building has been home to a long-established stonemasonry business, successfully trading for decades and offering an incoming purchaser the potential to continue within the same trade, capitalising on its established reputation and loyal customer base.
The ground floor comprises a striking, large window-fronted showroom, providing excellent visibility and display opportunities. To the rear, there are well-proportioned office and operational areas, lending themselves to a range of commercial uses.
Above, the upper parts have been thoughtfully arranged to provide two self-contained residential flats, offering an immediate income stream or owner-occupier flexibility. In addition, there is clear potential to reconfigure the existing accommodation to create a third flat, subject to the necessary consents.
Further development potential exists to extend into the roof space, with scope to create an additional floor, subject to planning permission-enhancing both the residential capacity and overall value of the asset.
Properties of this calibre and versatility in such a prime Worthing location are seldom available. Early enquiries are strongly advised to fully appreciate the potential on offer.
22 North Street, Worthing
Shop...................................................................£20,000 - £25,000........... £25,000
fff.....................................................................£1,400 pcm.....................£16,800
fff - Potential conversion of third flat STP.........£1,000 pcm......................£12,000
Second Floor Flat............................................... £1,000 pcm.....................£12,000
Total Income.............................................................................................£65,800
At £625,000 - £650,000 - This is offering over 10% yield.
Floor plans and tours
Floor plans (1)
More information
Listed by
Robert Luff & Co
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Robert Luff & Co. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Robert Luff & Co for full details and further information.