icons_size_white icons_size
menu

Agent's details

Freehold Income Producing Investment

For sale: POA|Mixed use, Flat, House, General Retail, Retail - High Street, Other Property Types & Opportunities, Residential, Retail

Property details

FOR SALEPOA
ADDRESS130 Montague Street and 8 Amo Mews
TYPEMixed use, Flat, House, General Retail, Retail - High Street, Other Property Types & Opportunities, Residential, Retail
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON22nd July 2021

Description

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.

Location

marker
Location: 130 Montague Street and 8 Amo Mews

Worthing (0.6 miles)

West Worthing (0.9 miles)

East Worthing (1.2 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here