Property for sale
Property description & features
- Tenure: Freehold
A substantial premises made up of two adjoining units each with separate entrances. The building is let to Group Entertainment Ltd trading as Angels Bar & Nightclub. The premises are let on a 15 year lease at a current annual rent is currently £125,000, rising to £135,000 from 2025 for the remainder of the term.
The premises are predominantly open plan and consist of a part mezzanine seating area with bar which overlooks the main dance area located on the ground floor, comprising of bar, seating booths and DJ area. An internal door leads to a further self contained bar area with dance floor and additional seating.
This substantial premises has potential for future development STP.
LOCATION Situated in the heart of Worthing town centre, close to the seafront, main shopping parades and within easy reach of Worthing mainline station.
EPC The property has an EPC rating of D - 76.
VAT We are informed that VAT is not applicable on the terms quoted.
USE We understand the premises benefit from Class E use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.
LEGAL FEES Each party is responsible for their own legal fees in this transaction.
RATES COMMENTS The rateable value from April 2023 provided by the Valuation Office Agency is £48,000. The small business rates for the financial year (2023 - 2024) is 49.9p in the £ making the rates payable approx. £23,952.00.
VIEWING Strictly by appointment with Agents, Jacobs Steel.
NB Please note there have been some alterations, including repositioning of the main bar, since this floor plan was prepared.
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Property reference S853949. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Jacobs Steel & Co - Worthing.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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