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10 Shelley Rd 865 SF of Office Space Available in Worthing BN11 1TR
Highlights
- Situated in Heart of Worthing Town Centre Near To Montague Street, Town Hall, Worthing Integrated Care Centre & Library
- Available To Let on New FR&I Lease Terms or Freehold With Full Vacant Possession
- Potential To Convert To Residential Accommodation (subject to planning)
- Cellular Offices Over Ground & First Floor Levels with Allocated On-Site Parking
- Suit Variety of Commercial Occupiers (subject to obtaining any necessary planning consents)
- Potential of Further 2,647 Sq Ft With Parking in Neighbouring Building For Sale / To Let
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
The 2 spaces in this building must be leased together, for a total size of 865 SF (Contiguous Area):
Terms The property is available by way of a new FR&I Lease to be granted inside the provisions of the 1954 Landlord & Tenant Act (Part II). Alternatively, the freehold may be available with full vacant possession upon completion. Further details available upon request. Rent / Guide Price & VAT £17,000 per annum exclusive. £350,000 (Three Hundred & Fifty Thousand Pounds). VAT is not to be charged on the quoting terms. Opportunity This is seen as a versatile commercial property with huge potential. The property would be suitable for purchase by an owner occupier or investor. An investor could expect to see a rental return of circa £17,000 per annum. A new owner could apply for planning permission to convert the existing offices into residential apartments. Alternatively, the property could be let to a variety of commercial businesses for continued commercial use. Business Rates According to the VOA (Valuation Office Agency), the property has a rateable value of £12,750. Interested parties are asked to contact Adur & Worthing councils directly to ascertain whether any rates relief may be applicable to their business. Legal Costs Each party to pay their own costs. EPC D(87). Anti-Money Laundering In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.
- Use Class: E
- Office intensive layout
- Space is in Excellent Condition
- Security System
- Smoke Detector
- Fully Built-Out as Standard Office
- Fits 2 - 4 People
- Central Heating System
- Energy Performance Rating - D
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| Ground, 1st Floor | 865 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Office | Full Build-Out | 30 Days |
Ground, 1st Floor
The 2 spaces in this building must be leased together, for a total size of 865 SF (Contiguous Area):
| Size |
|
Ground - 434 SF
1st Floor - 431 SF
|
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
Ground, 1st Floor
| Size |
Ground - 434 SF
1st Floor - 431 SF
|
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Terms The property is available by way of a new FR&I Lease to be granted inside the provisions of the 1954 Landlord & Tenant Act (Part II). Alternatively, the freehold may be available with full vacant possession upon completion. Further details available upon request. Rent / Guide Price & VAT £17,000 per annum exclusive. £350,000 (Three Hundred & Fifty Thousand Pounds). VAT is not to be charged on the quoting terms. Opportunity This is seen as a versatile commercial property with huge potential. The property would be suitable for purchase by an owner occupier or investor. An investor could expect to see a rental return of circa £17,000 per annum. A new owner could apply for planning permission to convert the existing offices into residential apartments. Alternatively, the property could be let to a variety of commercial businesses for continued commercial use. Business Rates According to the VOA (Valuation Office Agency), the property has a rateable value of £12,750. Interested parties are asked to contact Adur & Worthing councils directly to ascertain whether any rates relief may be applicable to their business. Legal Costs Each party to pay their own costs. EPC D(87). Anti-Money Laundering In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.
- Use Class: E
- Fully Built-Out as Standard Office
- Office intensive layout
- Fits 2 - 4 People
- Space is in Excellent Condition
- Central Heating System
- Security System
- Energy Performance Rating - D
- Smoke Detector
Property Overview
Worthing is a popular seaside town the largest in West Sussex with a population of approximately 111,300 (2021 census) and is a centre for leisure, tourism and business. Brighton is situated approximately 13 miles to the east and Chichester 18 miles to the West. Worthing mainline railway station with its regular services along the coast and north to London Victoria (journey time of 1 hour and 30 minutes) is located approx 1 mile to the north. Strategic business occupiers include HM Revenue and Customs, Southern Water, GSK, Rayner Lenses, and Equiniti. 10 Shelley Road is situated within the heart of the Town Centre being immediately to the north of Montague Street, the prime shopping location. Occupiers include M&S, Boots, Superdrug, H&M and many other national and local brands. Worthing is a vibrant and popular centre for office occupiers. Good quality, well-presented offices are experiencing good occupational demand, with higher-quality and well-located offices remaining attractive. The property comprises of a two storey commercial premises of brick construction which has been rendered under a slate tile roof. Accessed via private secure entrance directly off Shelley Road the premises has, for many years been occupied by a variety of office occupiers. Currently providing cellular office space across both floors the offices benefit from gas fired central heating (not tested), carpeted flooring, window blinds, single glazing, suspended ceiling with inset LED lighting and ample electrical and data sockets. The property has a small kitchen and WC located at ground floor level. Externally there is a shared rear enclosed courtyard which is accessed between Grafton House and this property with the area providing an area for staff breaks and socialising.
- Security System
- Accent Lighting
Property Facts
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10 Shelley Rd
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