143 Montague Street, Worthing, BN11 3BX

Property Details: • Type: Mixed Use • Tenure: N/A • Floor Area: N/A

Key Features:

Location: • Nearest Station: Worthing Station • Distance to Station: 0.6 miles

Agent Information: • Address: Austin Gray LLP, 37 Vernon Terrace, Brighton, BN1 3JH

Full Description: **For Sale By Auction on Thursday 13 March 2025**

*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 - DBrochuresLegal Documents