43 Warwick Street

Worthing, West Sussex, BN11 3DQ

43 Warwick Street, Worthing, Retail & Catering, Investments For Sale / To Let - 1
43 Warwick Street, Worthing, Retail & Catering, Investments For Sale / To Let - 3
43 Warwick Street, Worthing, Retail & Catering, Investments For Sale / To Let - 7
43 Warwick Street, Worthing, Retail & Catering, Investments For Sale / To Let - 4
43 Warwick Street, Worthing, Retail & Catering, Investments For Sale / To Let - 2
43 Warwick Street, Worthing, Retail & Catering, Investments For Sale / To Let - 10
Under Offer
Property Type Retail & Catering, Investments
Availability For Sale / To Let
Size 1,546 sq ft
Business Rates £8,573.25, per sq ft, (based on rateable value of £17,250)

Prime Town Centre Fitted Restaurant & Flat To Let
or Freehold Investment Opportunity

Location

Worthing is one of West Sussex's largest and most prosperous towns. It has a resident population in excess of 100,000 and a catchment of over 250,000

The restaurant occupies a position at the eastern end of Warwick Street a main pedestrianised area in the heart of Worthing town centre.

Warwick Street has a popular mix of retail and catering establishments including outside seating in many.Nearby occupiers include ASK, Pizza Express, The Vintners Parrot& and The Warwick Public Houses, Tony & Guy and Jessops.

Key Points

  • Excellent Turnkey Opportunity
  • Freehold Investment Also Available
  • Close ASK + Pizza Express
  • 70 Indoor Covers + 16 Outside
  • Good Sized Rear Flat
  • Air Conditioned Restaurant

Description

A prominent and well established ground floor restaurant with first floor flat in one of Worthing's main retail/restaurant locations.Currently trading as an indian restaurant the Zaman is considered suitable for different restaurant styles due to its contemporary neutral decor.

The restaurant seats 70 (in a combination of booths and movable tables)with an additional 16+ outside covers. Internally the accomodation has been fitted to a high standard including a bi-fold window opening frontage, feature mood LED lighting and air conditioning.

A soft seating area to the front offers a discreet takeaway waiting area. A good sized bar and restroom block with seperate male and female/disabled wcs complete the main restaurant area. The rear kitchen is very well fitted with good quality equipment (inventory on request).

Further to the rear and accessed internally or via Ann Street, is a 2 bed staff flat which could be seperately used if required. As currently arranged (via demountable partioning) the flat has two large bedrooms and shower rooms.

A floor plan available to download. Please click on the link provided.

Accomodation (approximate)

Frontage - 5.51m

Built GF Restaurant depth - 21m (incl wc block)

Ground Floor - 116 sq.m (1245 sq ft)

Kitchen - 28 sq m (301 sq ft)

Terms

A new full repairing and insuring lease is offered for a term to be negotiated. Details on application.

Rent

On application. Rent exclusive of vat and all other outgoings. A rent deposit or other surety maybe required dependant on tenant status.

Fixtures & Fittings

Available by negotiation. Offers invited.

NB- Freehold Investment Opportunity

Our client may consider a freehold sale of the whole of the property which, in addition to the above, comprises a further 4 self contained modernised flats ( x3 1 bed and x1 2 bed). The flats are let on AST tenancies and currently produce an income of approx £24,000 pax.

Offers invited for the freehold. Details on application.

Legal Costs

Each party to pay their own costs incurred

Viewing

Strictly by prior appointment with sole agents Brierley & Coe.