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Montague Street, Worthing

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A freehold mixed-use investment comprising a shop with 2 bedroom flat above, then an additional 1 bedroom, two storey house in Amo Mews, which is accessed by it's own front door at the rear of the building. The property is let and producing £28,490pa. Montague Street is a busy shopping thoroughfare, 0.1 miles from Worthing seafront and 0.6 miles from Worthing railway station.

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£465,000 Offers In Excess Of
A freehold mixed-use investment comprising a shop with 2 bedroom flat above, then an additional 1 bedroom, two storey house in Amo Mews, which is accessed by it's own front door at the rear of the building. The property is let and producing £28,490pa. Montague Street is a busy shopping thoroughfare...

£465,000

At a glance
  • Popular High Street Location
  • Freehold Investment
  • Shop and 2 residential units
  • Income £28,490 per annum
  • Make Enquiry
  • Floorplan

Property Features

  • Popular High Street Location
  • Freehold Investment
  • Shop and 2 residential units
  • Income £28,490 per annum

Property Summary

A freehold mixed-use investment comprising a shop with 2 bedroom flat above, then an additional 1 bedroom, two storey house in Amo Mews, which is accessed by it's own front door at the rear of the building. The property is let and producing £28,490pa. Montague Street is a busy shopping thoroughfare, 0.1 miles from Worthing seafront and 0.6 miles from Worthing railway station.

Full Details

A freehold mixed-use investment comprising a shop with 2 bedroom flat above, then an additional 1 bedroom, two storey house in Amo Mews, which is accessed by it's own front door at the rear of the building. The property is let and producing £28,490pa. Montague Street is a busy shopping thoroughfare, 0.1 miles from Worthing seafront and 0.6 miles from Worthing railway station.

The shop is let on a lease expiring 27th August 2023 at a rent of £9,950pa, outside Sections 24 to 28 of the Landlord & Tenant Act 1954.

The flat at 130a Montague Street is let on an AST at £750pcm (£9,000pa) with the tenant holding over from their original tenancy.

The house at 8 Amo Mews, which is accessed by it's own front door at the rear of the building, is let on an AST at £795pcm (£9,540pa) on a fixed-term expiring 2nd October 2021. The house has it's own private front garden.

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