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82-84 Montague St 3,300 SF 100% Leased Retail Building Worthing BN11 3HF $428,180 ($129.75/SF) 10.94% Cap Rate
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
Storefront
Building Size
3,300 SF
Building Class
B
Year Built
1961
Price
$428,180
Price Per SF
$129.75
Cap Rate
10.94%
NOI
$46,843
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.95
Lot Size
0.08 AC
Parking
1 Spaces (0.3 Spaces per 1,000 SF Leased)
Frontage
16’ on Montague Street
Amenities
- Security System
- Storage Space
1 1
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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82-84 Montague St
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