High Street, Worthing BN11 1NU
- PROPERTY TYPE
Commercial Property
- SIZE
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Description
A substantial premises made up of two adjoining units each with separate entrances. The building is let to Group Entertainment Ltd trading as Angels Bar & Nightclub. The premises are let on a 15 year lease at a current annual rent is currently £125,000, rising to £135,000 from 2025 for the remainder of the term.
The premises are predominantly open plan and consist of a part mezzanine seating area with bar which overlooks the main dance area located on the ground floor, comprising of bar, seating booths and DJ area. An internal door leads to a further self contained bar area with dance floor and additional seating.
This substantial premises has potential for future development STP.
LOCATION Situated in the heart of Worthing town centre, close to the seafront, main shopping parades and within easy reach of Worthing mainline station.
EPC The property has an EPC rating of D - 76.
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.
RATES COMMENTS The rateable value from April 2023 provided by the Valuation Office Agency is £48,000. The small business rates for the financial year (2023 - 2024) is 49.9p in the £ making the rates payable approx. £23,952.00.
VIEWING Strictly by appointment with Agents, Jacobs Steel.
NB Please note there have been some alterations, including repositioning of the main bar, since this floor plan was prepared.
High Street, Worthing BN11 1NU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Worthing Station0.6 miles
- East Worthing Station0.8 miles
- West Worthing Station1.2 miles
About the agent
Jacobs Steel is an estate agency with a difference. We know how important buying and selling is to you. That's why our team give a personal service to each and every one of our customers. You'll have a direct line to your preferred agent: we'll never leave you in the dark where your property is concerned.
We're the biggest independent estate agent covering Littlehampton to Brighton - our offices stretch along the south coast of England f
Industry affiliations
Notes
Disclaimer - Property reference S853948. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Jacobs Steel, Worthing. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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