Summary - Chapel Road BN11 1BA
1 bed 1 bath Commercial Property
**Standout Features:**
- Established restaurant with a long-term lease (20 years remaining)
- Excellent condition, with spacious dining room, bar, kitchen, and seating area
- Prime central location, just steps away from Worthing mainline station
- High potential rental income at £15,600 p/a
- Built in 2018 with Victorian architectural charm
**Concerns:**
- Leasehold property; mortgage lenders may refuse to provide financing
- The property is subject to VAT
- Crime rates in the area are high
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Investors will appreciate this prime commercial freehold opportunity in the heart of Worthing, currently tenanted by a well-established restaurant. Spanning 1007.82 sq ft, this property boasts a well-maintained interior with high ceilings and large windows, enhancing its Victorian character. Located just a minute from Worthing's mainline station, it benefits from a vibrant neighborhood filled with cafes, restaurants, and entertainment options, including one of the oldest cinemas in Britain.
With a current rental income of £15,600 p/a and a remaining lease of 20 years, this investment promises steady returns, although financing may be challenging due to the leasehold status. Don’t miss out on owning a piece of central Worthing, where opportunity meets charm—ideal for those looking to capitalize on a thriving urban setting. Act fast, as properties like this rarely stay on the market long!
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