15 Chapel Road Worthing

Location

Worthing town centre

Original status

Vacant four-storey building with rear car park requiring refurbishment.

Background

Purchased from Leeds Building Society.

 

Outcome

The ground floor was returned to A2 office and let to Countrywide Estates PLC on a long-term lease. The upper parts were converted in two three-bedroom flats and let on ASTs, while the car park has been retained and let, and offers long-term development potential. The property is held as an investment in Church Barn Group’s portfolio.