8 East Street

Horsham, RH12 1HL

Under Offer

OF INTEREST TO INVESTORS/OCCUPIERS
PROMINENT TOWN CENTRE LOCATION
PRIME RETAIL PREMISES WITH UPPER PARTS.

Status

To Let / For Sale

Location

Horsham, being one of the largest West Sussex towns is located on the A24, approximately 10 miles from Gatwick Airport. The town has an immediate population of approximately 50,000 inhabitants and a significantly larger catchment area.

The property is situated within East Street, close to Market Square and Carfax and is a town centre location, that has seen significant enhancement works in recent times, attracting occupiers such as Ask, Cote, Bills, Wagamama and Nandos. The prime shopping area is close by, where most major multiple retailers are located.

Available area

The premises have the following approximate net internal floor areas:

DescriptionSq ftSq m
Ground floor retail sales area 336 31.22
Rear lobby (excluding WC) 52 4.83
Basement 259 24.06
First floor (excluding bathroom) 277 25.73
Second floor 194 18.02
Total1,118103.86

Description

The premises comprise a ground floor retail unit with ancillary accommodation over basement, first and second floors. The property also benefits from an attractive shop-front and rear access.
The upper parts would suit conversion to a self-contained 1/2 bed flat, which may be permissible under permitted development rights but we suggest interested parties contact Horsham District Council for confirmation.

Terms

The premises are available to let on a lease, or for sale with vacant possession.

VAT

VAT will not be applicable on the terms quoted.

Best Bids

We are inviting parties to submit their best and final offer for the freehold interest by no later than 12:00 noon, Friday 5 February 2021. Your written offer should include the following information by return email:
1.Details of purchaser / purchasing entity 2.Your offer in pounds sterling 3.Proof of funds and/or funding arrangements 4.All conditions attached to your offer 5.Proposed timescales to put you in a position to exchange unconditionally 6.Details of solicitors acting on the Purchaser's behalf

Legal Costs

Each party to be responsible for their own legal costs.
N.B. In accordance with the Estate Agency Act 1979, it is hereby disclosed that one or more of the Directors of Crickmay Ltd have an interest in the property.

Price

£350,000.00 Offers in the region of

Rent

£20,000.00 per annum exclusive.

Business Rates

The VOA website advised a Rateable Value of £15,250 prior to Covid relief. Please contact Horsham District Council for more details.

Energy Performance Rating

This property has been graded as D (79)

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