139-141 Montague Street, Worthing, West Sussex, BN11 3BX
- PROPERTY TYPE
Mixed Use
- BEDROOMS
4
- SIZE
Ask agent
Description
*Guide Price £350,000
Freehold Mixed Investment Consisting Of 2 x 2-Bedroom Maisonettes And 2 x Commercial Units.
Description
The building forms part of a terrace on the south side of Montague Street. This three storey building comprises of 2 x ground floor commercial units - both units are currently let as a restaurant. Over the first and second floors are 2 x self contained 2 bedroom maisonettes, which are both accessed via the rear of the property.
Situation
The property is situated in Worthing Town Centre and is surrounded by a variety of independent and commercial traders. Worthing seafront and mainline station are within walking distance of the property - providing direct links to London Victoria.
Location Pin (What3Words): jump.sends.search
<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
Tenure - Freehold
Rent
139a - Vacant - Improvement notice has been served.
141a - Let on an Assured Shorthold Agreement at approximately £1,300pcm (£15,600pa) from 1st April 2023 for a term of 12 months, tenant is holding over.
Commercial - At an initial rate of £13,500pa and then as revised pursuant to the lease for a term of 20 years beginning on and including the date of 8th February 2024 and ending on, the 7th February 2044; with break clauses on the 8th February 2029, 8th February 2034 and the 8th February 2039.
Accommodation
139a
Total Floor Area - 76.54 sq.m.
141a
Total Floor Area - 76.11 sq.m.
Commercial Unit
Total Floor Area - 81 sq.m.
Rateable Value - £14,250
Council Tax
139a - Band A
141 - Band B
EPC Rating
139a - D
141a - D
Commercial Unit - B
139-141 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 293336. 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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