Rare Worthing town centre development opportunity

24th July 2019

Posted on Categories PropertyTags , ,

A brand-new development opportunity in the heart of Worthing town centre, with planning consent granted for new residential and commercial use, has already attracted interest from developers following its recent launch by selling agent Michael Jones Commercial.

As part of the ambitious Adur and Worthing Growth Deal regeneration programme, this prime development site will be a welcome addition to the town. Making the best use of the available land, it will provide much needed housing to a popular central location, as well as brand new commercial space, supporting the overall vitality of Worthing Town Centre. 

The 105-109 Montague Street redevelopment provides consent to demolish the existing 1960’s building and re-build with a brand-new mixed-use scheme totalling over 23,000 sq ft.  This comprise of 26 residential units; an excellent mix of 6 studios, 12 one beds, 6 two beds and 2 three beds. Plus, 4,025 sq ft of ground floor A1 retail space in the centre of the high street. 

Located within the town’s principal shopping precinct of Montague Street, retailers close to the site include The Body Shop, Marks & Spencer, New Look, Clarks, Argos and River Island. The beach and seafront promenade are less than 100 metres to the south, making it an ideal position for residents and retailers alike.

The Michael Jones commercial team have reported an increase in demand for residential and commercial properties in Worthing with more investment coming from national and international developers. 

Steve Berrett, Director of Michael Jones Commercial said: “We are thrilled that this triple aspect building has recently gained a planning consent to demolish the existing building and replace it with modern, sought after commercial and residential space. Poundland successfully traded from this building for years and offers an excellent pitch in Worthing’s principal shopping area. 

“This is a rare and new development opportunity in the town. Improvements are coming to the heart of the town, including works to pedestrianize Portland Road to incorporate a new continental style boulevard and interactive art features. These public realm improvements, form part of the £12 million Growth Deal agreed by West Sussex County Council and WBC over the next five to ten years.”

To enquire about this opportunity, you can get in touch with Michael Jones & Company by email commercial@michaeljones.co.uk or by phone 01903 201 212.

 

Michael Jones & Company Estate Agents is one of the leading and most respected, independently owned residential and commercial estate and letting agents in Sussex. 

For more than 30 years, Michael Jones & Company has offered a comprehensive range of property services. They are specialist agents with dedicated teams in residential sales & lettings, commercial property, land and new homes. www.michaeljones.co.uk

 

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