42 London Road

Horsham, West Sussex, RH12 1AY

INCENTIVES AVAILABLE

REFURBISHED TOWN CENTRE RETAIL PREMISES
CONSIDERED SUITABLE FOR OFFICE USE (STPC)
*INCENTIVES AVAILABLE*

Status

To Let

Location

The property is located on the edge of Horsham town centre to the northern side of London Road close opposite its main car park. London Road is predominantly filled with office and residential occupiers along with Darcini Restaurant and the New Curry Centre and connects Albion Way with Springfield Road.

The A24 and A23/M23 can be accessed easily, with Gatwick Airport being 11 miles distant. Horsham’s mainline railway station is within short walking distance, which provides access to London Victoria within approximately 51 minutes.

Amenities

  • Frontage to London Road
  • Prominent location close to Horsham's town centre
  • Mounted and inset Cat II lighting
  • Modern electric wall mounted heaters
  • Kitchenette
  • Male and female WC's
  • Parking permits within London Road car park located opposite for £238.75 per quarter

Description

The premises comprise a mixture of open plan and cellular recently refurbished ground floor accommodation.

Accommodation

The premises have the following approximate floor areas:

Ground floor  94.48 sq m (1,017 sq ft)
On the 1st January 2016 new International Property Measuring Standards were introduced in relation to Office buildings. This property has not been remeasured
since the introduction of these standards and the areas stated are on a Net Internal Area (NIA) calculated under the preceding RICS Code of Measuring Practice which may not necessarily accord with IPMS3 of the new standards. Interested parties may wish to satisfy themselves as to precise floor areas before making a proposal.

Lease Terms

An assignment of the existing internal repairing and insuring lease is available, due to expire 22 December 2026. There is a tenant only option to determine the lease on 22 December 2021, subject to the tenant providing at least 6 months' prior written notice.

Rent

£14,000 per annum exclusive from 22 December 2018, rising to £15,000 per annum exclusive from 22 December 2019. There is an upward only, open market rent review due on 22 December 2021.

VAT

VAT is not applicable on the terms quoted above.

Legal Costs

Each party to be responsible for their own legal costs.

Rent

Rent on application

Business Rates

£5,280 per annum (based on rateable value of £11,000). 100% small business rates relief available, subject to the status of the tenant. We advise that you contact the Local Rating Authority for confirmation of the actual amount payable.

Energy Performance Rating

This property has been graded as 120 (E)

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