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An excellent opportunity to acquire a freehold mixed-use investment property occupying a prominent position on the well-established South Farm Road parade in Worthing.
The property comprises a ground floor commercial unit, currently occupied as a tattoo studio, together with three self-contained residential flats arranged over the upper and rear parts of the building. The residential accommodation consists of two one-bedroom flats and one two-bedroom maisonette, all offering well-proportioned layouts with modern fitted kitchens and bathrooms, providing strong ongoing rental appeal.
The commercial premises benefits from an attractive shop frontage, good visibility and direct pedestrian access from South Farm Road, making it well suited to a range of business uses (subject to any necessary consents). Internally, the unit includes the main trading area together with ancillary storage and WC facilities.
The residential units are accessed independently via a communal entrance, offering clear separation between the commercial and residential elements. Each flat is currently let and produces reliable income, with the accommodation presented in generally good order throughout.
The property is fully let and currently generates a combined rental income of £39,096 per annum, making it an attractive addition to an investor's portfolio with immediate income from day one.
Situated in a convenient and popular location close to local shops, amenities, transport links and Worthing town centre, this is a rare opportunity to acquire a well-balanced mixed-use asset with both commercial and residential income streams and scope for future rental growth.
Disclaimer
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own Investigations into the working order of these items. All measurements are approximate and photographs provided for guidance only. The mention of any appliances, apparatus, fixtures, fittings, or services within these particulars does not necessarily mean they are included within the sale.