Summary - Tarring Road, Worthing BN11 4HW
1 bed 1 bath Commercial Property
**Standout Features:**
- Mixed-use property: commercial unit with long lease and four residential flats
- Prime location opposite West Worthing Train Station
- Commercial tenant secured with 13 years remaining on lease
- Fully occupied residential flats on ASTs
- Approximate ROI of 10%
- Situated in a bustling high street with diverse amenities nearby
**Notable Concerns:**
- High crime rate in the local area
- Mortgage lenders may hesitate due to the lease duration
This mixed-use property on Tarring Road, Worthing, offers a unique investment opportunity, boasting a freehold interest with a secure commercial tenant holding a long-term lease for approximately another 13 years. The property features a well-maintained Victorian exterior, blending seamlessly into its urban environment, and includes three one-bedroom flats and one studio, all currently occupied under assured shorthold tenancies, providing immediate rental income.
Strategically located opposite West Worthing Train Station, this property benefits from high foot traffic and a vibrant local community, making it attractive for both landlords and future tenants alike. Nearby amenities include shops, restaurants, and essential services, catering to a broad demographic including families and young professionals. While the high crime rate could be a consideration for some, the potential for stable returns is compelling, particularly with an impressive ROI of around 10%.
Challenges could arise for mortgage buyers due to the remaining lease term; however, this investment is ideal for cash buyers or those looking for a property with long-term rental potential in a sought-after area. Act quickly to seize this rare opportunity in a prime location!
Mixed use property for sale in 145-147 Tarring Road, Worthing, West Sussex, BN11 4HE, BN11 — £800,000 • 1 bed • 1 bath • 4026 ft²
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