Property photos
Guide price
£320,000
(£587.16/sq. ft)
Retail premises for sale
Montague Street, Worthing BN11545 sq. ft
Local area information
Property location
Nearby amenities
- Our Lady of Sion School 0.2 miles
- Reflections Small School 0.3 miles
- Worthing 0.6 miles
- West Worthing 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Worthing to find out more about the local area.
Features and description
Location
The property is situated in a prominent position on the corner of Montague Street & West Building commercial parade comprising multiple shop occupiers, together with offices. It is located close to Worthing Town centre, the seafront is also within reasonable access.
Worthing is the largest town in West Sussex, located on the coast between Brighton and Chichester.
Description
An opportunity to purchase a good freehold investment with the benefit of being fully tenanted. The shop comprises of retail space with a separate kitchen, WC and first floor storage. 2 bed maisonette with access from West Buildings.
Price
Asking price of £320,000.
Tenure
Freehold subject to the below tenancies.
Shop - 137 Montague Street, let on an effective full repairing and insuring lease for a term of 10 years from Oct 2023, with a break clause and rent review at the 5th year at a rent of £12,000 per annum.
Flat 137a Montague Street - let on an AST at a rent of £750 pcm.
Legal Fees
Each side are responsible for their own legal costs
EPC rating
Shop: C
Flat: D
Copies of the EPC's and Recommendation Reports are available upon request.
Accomodation
Shop
Ground Floor
Net Internal Area Approx: 420 sq ft
Kitchen Area
W.C
First floor Storage/office Approx: 125 sq ft
Maisonette
Entrance Hall
1st floor - Lounge
Stairs leading to:
Kitchen
2 Bedrooms
Bathroom
The property is situated in a prominent position on the corner of Montague Street & West Building commercial parade comprising multiple shop occupiers, together with offices. It is located close to Worthing Town centre, the seafront is also within reasonable access.
Worthing is the largest town in West Sussex, located on the coast between Brighton and Chichester.
Description
An opportunity to purchase a good freehold investment with the benefit of being fully tenanted. The shop comprises of retail space with a separate kitchen, WC and first floor storage. 2 bed maisonette with access from West Buildings.
Price
Asking price of £320,000.
Tenure
Freehold subject to the below tenancies.
Shop - 137 Montague Street, let on an effective full repairing and insuring lease for a term of 10 years from Oct 2023, with a break clause and rent review at the 5th year at a rent of £12,000 per annum.
Flat 137a Montague Street - let on an AST at a rent of £750 pcm.
Legal Fees
Each side are responsible for their own legal costs
EPC rating
Shop: C
Flat: D
Copies of the EPC's and Recommendation Reports are available upon request.
Accomodation
Shop
Ground Floor
Net Internal Area Approx: 420 sq ft
Kitchen Area
W.C
First floor Storage/office Approx: 125 sq ft
Maisonette
Entrance Hall
1st floor - Lounge
Stairs leading to:
Kitchen
2 Bedrooms
Bathroom
More information
Listed by
Spratt and Son
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Property descriptions and related information displayed on this page are marketing materials provided by - Spratt and Son. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Spratt and Son for full details and further information.