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15, Ambrose Place, WORTHING, West Sussex, BN11 1PZ

15, Ambrose Place, WORTHING, West Sussex, BN11 1PZ

£770,000
Mixed Use
About this Property
2024-11-19
770000
Traditional
Mixed Use
Description

Announcement Please see the “ANNOUNCEMENT” on the Legal Docs. There are revised special conditions of sale for this lot, copies of which are available from the Auctioneers website and a copy will be attached to the contract > Substantial freehold three floor end terrace Grade II listed building, > Presently arranged to provide Twelve Self Contained Studio Flats, > Opportunity for development, subject to consents, > Situated within a desirable prime Central Worthing Location, > Investment - Total current rent reserved £87,975pa (equivalent), > Total size approximately 273.6 sq.m (2,945 sq ft), Location: The property is situated on the north side of Ambrose Place between its junctions with Portland Road and Chapel Road. Public transport links include Worthing mainline rail station offering regular services to London Victoria, Gatwick Airport and Brighton. Further transport is provided by a network of local bus services serving the surrounding vicinity with road links including the A27, running just north of Worthing, provides a direct route to Brighton to the east and Portsmouth to the west. The A24, also nearby, offers a connection to the M25 motorway and London. Extensive shopping amenities can be found locally within Worthing with a further range of shops, cafes, bars and restaurants being found in Brighton. Recreational pursuits can be found locally at the open spaces of Steyne Gardens, Victoria Park and Worthing Beach. Description: Substantial freehold three floor end terrace Grade II listed building. Presently arranged to provide Twelve Self Contained Studio Flats. The property may offer the opportunity for development, subject to consents. Accomodation: Garden Flat - Ground Floor Accomodation: Studio Room with Kitchenette, Shower Room with WC AST - Current Rent: £7,875 p.a. EPC: E / Council Tax: A Flat 1 - Ground Floor Accomodation:Studio Room with Kitchenette, Shower Room with WC AST - Current Rent: £7,500 p.a. EPC: E / Council Tax: A Flat 2 - Ground Floor Accomodation: Studio Room with Kitchenette, Shower Room with WC AST - Current Rent: £7,500 p.a. EPC: D / Council Tax: A Flat 3 - Ground Floor Accomodation: Studio Room with Kitchenette, Shower Room with WC AST - Current Rent: £7,500 p.a. EPC: D / Council Tax: A Flat 4 - Ground Floor Accomodation: Studio Room with Kitchenette, Shower Room with WC AST - Current Rent: £7,500 p.a. EPC: D / Council Tax: A Flat 5 - First Floor Accomodation: Studio Room through to Kitchenette, Shower Room with WC AST - Current Rent: £7,200 p.a. EPC: D / Council Tax: A Flat 6 - First Floor Accomodation: Studio Room with Kitchenette, Shower Room with WC AST - Current Rent: £7,200 p.a. EPC: D / Council Tax: A Flat 7 - First Floor Accomodation: Studio Room with Kitchenette, Shower Room with WC AST - Current Rent: £7,200 p.a. EPC: D / Council Tax: A Flat 8 - First Floor Accomodation: Studio Room with Kitchenette, Shower Room with WC AST - Current Rent: £6,600 p.a. EPC: E / Council Tax: A Flat 9 - Second Floor Accomodation: Studio Room with Kitchenette, Shower Room with WC AST - Current Rent: £7,200 p.a. EPC: D / Council Tax: A Flat 10 - Second Floor Accomodation: Studio Room with Kitchenette, Shower Room with WC AST - Current Rent: £7,200 p.a. EPC: E / Council Tax: A Flat 11 - Second Floor Accomodation: Studio Room with Kitchenette, Shower Room with WC AST - Current Rent: £7,500 p.a. EPC: E / Council Tax: A The property benefits from a parking space for one car. Total Current Rent Reserved: £87,975 p.a. (equivalent) Note: The property may benefit from potential for conversion into larger self-contained flats subject to planning permission and consents. Prospective purchasers must rely on their own enquires in this respect. Local Authority: Adur and Worthing Council To view: Wednesday 27th November at 11am No booking required - Please arrive at the time stated

Location
More Information
Freehold
Ambrose Place
Planing Authority
Worthing LPA
Sold Price History
08 Nov 2013Sold£610,000
30 Sep 2021Sold Lot Allsop£925,000
20 Jun 2024Sold Lot Allsop£700,000
25 Sep 2024Withdrawn Lot Allsop£725,000
17 Dec 2024Sold Lot Barnard Marcus Auctions£700,000

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