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SITUATION
The premises are situated on the south side of the western end of the pedestrianised section of Montague Street which is a popular shopping location in Worthing town centre.
Worthing is one of the largest towns in West Sussex with a population of 100,000 and a catchment population of 250,000. and major local employees include Smithkline Beecham and Southern Water
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DESCRIPTION
The premises comprise an end of terrace premises with ground floor retail sales area with rear ancillary area and partly covered storage to the side of the building. First floor accommodation comprises of office/store, kitchen and 2x WC’s.
The building also benefits from the following:-
•Return frontage offering above average display areas
•Generous storage areas
•Situated in a busy town centre pedestrianised precinct |
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ACCOMMODATION
The premises have the following approx dimensions and floor areas:-
Ground Floor:
Frontage 15ft 8in 4.8m
Return Frontage 14ft 9in 4.4m
Internal width 14 ft 9in narrowing to 12ft 4in 4.4m – 3.7m
Internal Depth 58ft 9in 17.9m
Open Plan Front Retail Area 671 sq ft 62.3 sq m
Rear Retail area 332 sq ft 30.8 sq m
Rear store/ancill 213 sq ft 19.8 sq m
Rear store/ancill 280 sq ft 26 sq m
TOTALG/F N.I. AREA 1496 SQ FT 139 sq m
First Floor:
Office/ancill 186 sq ft 17.3 sq m
Kitchen 66 sq ft 14.9 sq m
2 separate WC’s
Outside:
Secure Part covered storage area 160 sq ft
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LEASE
A new full repairing and insuring lease for a term to be agreed. |
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RENT
£21,500 per annum exclusive |
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RATEABLE VALUE
The Valuation Office internet site informs us that this unit has a rateable value of £20,750 business rates for the year commencing 1st April 2009 are charged at 48.5p in the £. However, the actual amount of rates payable can be affected by Transitional Relief and/or new Small Business Relief legislation. For confirmation of the exact rates payable for this property please contact the local charging authority. |
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LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction |
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EPC
We are informed that an Energy Performance Certificate is currently being undertaken. |