Montague Street

Worthing

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Under Offer

13837 sq ft

£25,000 pax

LOCATION
Worthing is a large seaside town in West Sussex located on the south coast 11 miles (18km) west of Brighton, 20 miles (32 km) east of Chichester and 60 miles (96.5 km) south of London. The town is affluent with a growing residential population in excess of 100,000 people and an annual footfall of 5.5 million. Worthing benefits from excellent road communications being served by the A27 and A24, and Worthing benefits from regular direct Thameslink and Southern rail services to London Bridge, London Victoria, Gatwick, Brighton and Portsmouth. Nearby airports include Shoreham Airport (6 miles east), Gatwick Airport (37 miles north) and Southampton Airport (53 miles west).
The premises is located in the town centre high street in Worthing, within 100m of the seafront and surrounded by a variety of other retail units, plus several community amenities such as AMF bowling, Lido and the well-known Worthing Pier.

DESCRIPTION
A town centre three-storey commercial premises (formerly a successful Poundland site) of approximately 13,837sq ft GIA. Triple aspect fronting Montague Street with return frontage to Prospect Place to the east and rear access from Augusta Place to the south. To the rear is an existing car parking area/loading forecourt.
Nearby occupiers include The Body Shop, Marks & Spencer, New Look, Clarks, Argos and River Island.
Available for a short term let for a minimum of 6 months.

ACCOMMODATION
13,837 SQ FT (1,285 SQ M) over three floors.

TERMS
Available for a maximum term of 6 months by way of licence.

OUTGOINGS
Rateable Value £107,000
UBR APR 2020/21 51.2p

VAT
The property is elected for VAT & as such rent & service charge will be subject to VAT.

LEGAL COSTS
Each side to pay their own legal costs.

PLANNING
We understand that the property benefits from new Use Class E (Use Classes Order 2020) which was introduced on the 1st of September to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. Interested parties should make their own planning
enquiries and satisfy themselves in this regard.

OTHER
EPC Certificate Reference Number: 0850-0435-5729-1009-7002
The energy efficiency rating for this property is D83 and a full copy of the report can be found at www.ndepcregister.com

VIEWING
Through Landlords agent Eightfold Property 01273 672999 or email max@eightfold.agency