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38 - 40 Ann Street, Worthing, West Sussex, BN11 - Image 1
38 - 40 Ann Street, Worthing, West Sussex, BN11 - Image 2
38 - 40 Ann Street, Worthing, West Sussex, BN11 - Image 3

38 - 40 Ann Street, Worthing, West Sussex, BN11

South East

£400,000

Listed on 01/07/2025

The listing

Property details

Bedrooms
N/A
Type
Cafe

Description

This significant two-storey commercial property is situated in the bustling centre of Worthing, offering a unique investment opportunity with three distinct commercial spaces. The main unit, known as Enterprise House, is a spacious Class E premises that has become vacant and holds potential for diverse commercial applications pending necessary planning approvals. It features practical amenities such as carpeted flooring, air conditioning (untested), perimeter trunking for data and power connections, electric heating, and integrated Cat 3 lighting. The sizable 24ft window frontage is safeguarded by an automated roller shutter for added security. Additionally, the rear area includes basic facilities with a small kitchenette and WC. The adjacent pizza takeaway is equipped with tiled flooring and suspended ceiling along with inset lighting, benefiting from three-phase electricity and single-glazed windows. It presents a practical waiting area alongside essential kitchen and WC units located at the back. On the first floor is a well-appointed restaurant space with appealing laminate flooring and attractive Georgian sash windows. This level showcases an open-plan layout complete with a built-in bar area, commercial kitchen, and additional WC facilities at the rear. Each unit requires varying degrees of refurbishment to maximize their rental or operational potential, presenting an advantageous prospect for investors looking to enhance their value.

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Map

Location

38 - 40 Ann Street, Worthing, West Sussex, BN11
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Tax

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This calculation uses non-residential (land/commercial) tax rates.

Pricing

Price history

-4.8% since listed
£400,000£20,000(-4.8%)
07/01/2026
Current price
£420,000Initial listing
01/07/2025

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