Map
Area statsOffers in excess of
£560,000Residential development for sale
Worthing BN11
Residential development
5764
Key information
Features and description
- Worthing is the largest town in West Sussex an affluent centre for tourism, leisure and business
- Substantial, and prominent town centre corner location
- A freehold mixed-use investment with residential development potential
- Total accommodation extending to 5,764 sq ft
- Larger letting (76% or rents reserved) runs to 2037 without breaks
- Potential for vertical extension and intensification of use
- Generating total income of £59,000 per annum
This substantial property comprises a number of interconnected buildings currently arranged as a licensed leisure and party establishment with wine bar and external upper floor west facing terrace and ground floor front external patio space.
46-56 Portland Road currently trades as The Libertine Social, public house arranged with main bar / dining areas to the ground floor with external seating, a further bar and events spaces at the first floor with an external terrace, with ancillary storage
at the second floor.
1 Shelley Road is a self-contained two storey commercial building which is occupied at ground floor as a bakery with the first floor in use as offices.
Worthing is the largest town in West Sussex with a population of approximately 111,300 (2021 census) being a centre for leisure, tourism and business. Brighton is situated approximately 11 miles to the east and Chichester 21 miles to the West. Worthing is experiencing a number of recent residential developments in already delivered and including Bayside apartments and the former Debenhams, with further schemes planned bringing new residents to the town centre for example to Montague Centre,
Union Place and Teville Gate.
The property is situated within the heart of Worthing town centre on the corner of the pedestrianised Portland Road and Shelley Road, immediately to the north of Montague Street, the prime retail thoroughfare in the town. Occupiers in close proximity include Efes Turkish Restaurant, Cucinetta, Ayo supermarket, Marks & Spencer, Boots, Superdrug, H & M.
46-56 Portland Road currently trades as The Libertine Social, public house arranged with main bar / dining areas to the ground floor with external seating, a further bar and events spaces at the first floor with an external terrace, with ancillary storage
at the second floor.
1 Shelley Road is a self-contained two storey commercial building which is occupied at ground floor as a bakery with the first floor in use as offices.
Worthing is the largest town in West Sussex with a population of approximately 111,300 (2021 census) being a centre for leisure, tourism and business. Brighton is situated approximately 11 miles to the east and Chichester 21 miles to the West. Worthing is experiencing a number of recent residential developments in already delivered and including Bayside apartments and the former Debenhams, with further schemes planned bringing new residents to the town centre for example to Montague Centre,
Union Place and Teville Gate.
The property is situated within the heart of Worthing town centre on the corner of the pedestrianised Portland Road and Shelley Road, immediately to the north of Montague Street, the prime retail thoroughfare in the town. Occupiers in close proximity include Efes Turkish Restaurant, Cucinetta, Ayo supermarket, Marks & Spencer, Boots, Superdrug, H & M.
Property information from this agent
Area statistics
Crime score
High crime
10/10
About this agent
With eight offices across London and the South East, we pride ourselves in providing expert service and peerless market knowledge in specific local markets. SHW is the trading name of Stiles Harold Williams Partnership LLP, a firm of national independent property advisors based in London and the South East of England. We are well-known in the market for our expertise in office, industrial, and retail property, supported by our specialists in Investment, Town Planning, Development, Healthcare & Medical, Roadside, Charities, LPA Receivership, Airports, Leisure and Leasehold Reform. Originally formed in 1798, we are a wholly owned business with 27 Equity Partners dedicated to providing the best service possible to our clients, a number of which we have been providing advice to for over 100 years. We have almost 200 staff across eight offices. We are regulated by RICS and are members of ARMA, ARMA-Q, NARA, RTPI and IRRV.