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82-84 Montague St 3,300 sq ft 100% Let Retail Property Worthing BN11 3HF £320,000 (£96.97/sq ft) 10.94% Net Initial Yield
Investment Highlights
- Close to the Montague Shopping Centre
- Pedestrianised town centre location
- Located in a popular seaside town
Executive Summary
Let to Slots Trading Limited on a new 10 year lease expiring 2035
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
3,300 sq ft
Costar Property Class
B
Year Built
1961
Price
£320,000
Price per sq ft
£96.97
Yield
10.94%
NOI
£35,008
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.95
Total Plot Size
0.08 ac
Parking
1 Spaces (0.3 Spaces per 1,000 sq ft Leased)
Frontage
16 ft on Montague Street
Amenities
- Security System
- Storage Space
1 1
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
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82-84 Montague St
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