This property is no longer on the market
Garage
Key information
Property description & features
- For Sale by Online Auction
- Auction Date : 09 February 2022
- Lot Number : 17
- Existing Garages And Workshops With Residential Consent
- Commercial Investment
- Freehold
- Current Rental : £16,620 per annum
- *Guide Price : £350,000 £375,000 + Fees
The buildings are situated between Norfolk Street and Clifton Road, directly opposite Victoria Park, with easy access to the comprehensive shopping facilities and amenities of Worthing town centre. There are excellent road links to Brighton, London and all surrounding areas via the nearby A259 and A27.
We are advised that the units are part-let on informal Licence Agreements producing just under £17,000 per annum, with the potential to generate an annual income once fully let of approximately £35,000.
Proposed Accommodation
Ground Floor - Front
Flat 1
Living room with incorporated kitchen, bedroom and bathroom/W.C.
Flat 2
Living room with incorporated kitchen, bedroom and bathroom/W.C.
Ground Floor - Rear
Flat 3
Living room with incorporated kitchen. Bedroom 1 with en-suite bathroom/W.C. Bedroom 2 with en-suite shower room/W.C.
Flat 4
Living room with incorporated kitchen. Bedroom 1 with en-suite bathroom/W.C. Bedroom 2 with en-suite shower room/W.C.
First Floor - Front
Flat 5
Living room with incorporated kitchen. Bedroom and bathroom/W.C.
First Floor - Front
Flat 6
Living room with incorporated kitchen. Bedroom and bathroom/W.C.
Outside
All of the units have shared outdoor amenity space.
Planning
Planning Permission has been granted by Adur & Worthing Councils, under reference AWDM/0550/21, dated 16th December 2021, for the demolition of existing storage buildings. Construction of replacement building comprising 4no. one-bedroom flats and 2no. two-bedroom flats, bin and bike storage and associated landscaping, subject to conditions.
A copy of the Planning Permission and accompanying documents will be available to download from the Local Planning Authority website.
Local Planning Authority
Adur & Worthing Council. [use Contact Agent Button]. Website: adur-worthing.gov.uk.
Viewing
External only.
Site Measurements
The area extends to 0.05 hectares (0.12 acres).
Freehold with Part Possession
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Please note, following the Governments advice, lots are now being offered via our online platform. To register for our online auction please go to our online auction page . For further information please go to cliveemson.co.uk or call us on[use Contact Agent Button].
Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on[use Contact Agent Button], in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
Places of interest
Clive Emson Land & Property Auctioneers - Maidstone
Rocky Hill, London Road Maidstone, Kent ME16 8PY
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Energy Performance data and Internal floor area
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