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143 Montague Street, Worthing, BN11 3BX

not specified / Other / Investment

For Sale - £350,000.00

Available - Last updated: 17 April 2024

The building forms part of a terrace on the South side of Montague Street. This three storey building comprises of a ground floor commercial unit - currently let as hot food and takeaway. Over the first and second floors is a vacant 2 bedroom maisonette.

Location

The property is situated in Worthing Town Centre and is surrounded by a variety of independent & commercial traders. Worthing seafront and mainline station are within walking distance of the property - providing direct linksto London Victoria.

Accommodation

143a - 57 sq.m. (commercial)

143b - 39 sq.m. (residential)

Specification

TENANCY

143a Montague Street is let on a 20 year lease - from 29th June 2017 with rent review dates on 29th June 2022, 29th June 2027 and 29th June 2032; with a break clause on every fifth anniversary of the lease. Current rent is £12,600pa.

RENT

At an initial rent of £12,000pa and then as revised pursuant to the lease and any interim rent determined under the LTA 1954. Effective full repairing and insuring terms.

COUNCIL TAX

143B Montague Street - Band B

EPC RATING

143a - TBC

143B - F

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £350,000.00 NA

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Contact agents

Adam Hinchliffe

Austin Gray

01273 068382

Melanie Vaughan

Austin Gray

01273 068144

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