16 Montague St
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16 Montague St
465 SF Retail Building Worthing BN11 3HA $538,980 CAD ($1,159 CAD/SF)
Investment Highlights
- The property is situated on Montague Street which is one of the main pedestrianized shopping areas of the town. Nearby retailers include EE, Vodafone
- 11 miles (18km) west of Brighton and 18 miles (29km) east of Chichester
- Worthing is a seaside town and borough in West Sussex, at the foot of the South Downs
Executive Summary
The property itself comprises of a retail unit of 465 Sq Ft (43.20 Sq M) at ground floor with restricted access storage at first floor.
We are inviting offers in the region of £300,000 for the freehold interest.
The ground floor retail unit is let to Timpson Ltd on a 5 year lease, expiring on 31st July 2029 at an annual rent of £17,500
We are inviting offers in the region of £300,000 for the freehold interest.
The ground floor retail unit is let to Timpson Ltd on a 5 year lease, expiring on 31st July 2029 at an annual rent of £17,500
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
465 SF
Building Class
B
Year Built
1910
Price
$538,980 CAD
Price Per SF
$1,159 CAD
Tenancy
Single
Building Height
2 Stories
Frontage
11 ft on Montague St
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Nearby Major Retailers
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16 Montague St
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