143 Montague Street, Worthing, West Sussex, BN11 3BX
- PROPERTY TYPE
Mixed Use
- BEDROOMS
2
- SIZE
Ask agent
Description
*Guide Price £300,000
Freehold Mixed Investment Consisting Of A Ground Floor Commercial Unit And Self Contained 2 Bedroom Maisonette Producing £31,200 PA
Description
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 self contained 2 bedroom maisonette.
Situation
The property is situated in Worthing Town Centre and is surrounded by a variety of independent & commercial traders. Worthing seafront & mainline station are within walking distance of the property - providing direct links to London Victoria.
Location Pin (What3Words): easy.scenes.casino
Accommodation
143a - 57 sq.m. (commercial)
143b - 97 sq.m. (residential)
<NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY
Rateable Value - £10,750
Tenure - Freehold
Rent
First and second floor maisonette - let on an assured shorthold agreement from 1st January 2025 for 12 months, at a rent of £1,600 pcm.
The ground floor commercial unit is let on a 20 year lease from the 29th June 2017, at £12,000 pa and then as revised pursuant to the lease and any interim rent determined under the LTA 1954. Rent review every 5th anniversary of the lease. Effective full repairing and insuring terms.
Council Tax - 143B Montague Street - Band B
EPC Rating - 143 - B; 143B Maisonette - D
Brochures
Legal Documents143 Montague Street, Worthing, West Sussex, BN11 3BX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Worthing Station0.6 miles
- West Worthing Station0.9 miles
- East Worthing Station1.2 miles
About Austin Gray, Auction House Sussex
Austin Gray LLP, 37 Vernon Terrace, Brighton, BN1 3JH
Notes
Disclaimer - Property reference 280569. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Austin Gray, Auction House Sussex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Austin Gray, Auction House Sussex on 01273 109784.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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