The property is a mid-terrace building and the Bank's freehold ownership comprises five floors; basement, ground, first, second and third floors, however the second and third floors have been sold on long leases.
Panacea Medical Centre is a health centre converted from an iconic church building originally built in 1903 with many original historic features in 2014 the building was sympathetically converted into a high quality three storey hospital and day surgery centre.
The property comprises of a freehold ground floor shop premises with two flats above both sold off on long leasehold. The property offers mixed use and has been occupied by the same business for over 17 years.
sq ft (227.05 sq m) The subject property offers a ground rent investment income of £4,650 per annum as well as a consented development scheme of 2 x 1 beds and 2 x 2 beds on an additional floor. There are also 4 empty garages, the other 6 retained by the respective long leaseholders.
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5 New Broadway Tarring Road Worthing BN11 is the latest office for sale (216 sq ft), listed by Michael Jones.
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