3 Queen Street Horsham West Sussex RH13 5AA

3 Queen Street
Horsham
West Sussex
RH13 5AA

Freehold Retail Opportunity

Ground Floor Retail Accommodation with Residential Ground Rent on First and Second Floors
Busy Retail Parade Location
Asset Management Opportunity
Important Reversion on Residential Accommodation in 83 Years
Of Interest to Owner Occupiers and Investors
Affluent London Commuter Town

Lot
45
Auction
22nd September 2022
Status
Sold
Price
£135,000
Auction Venue
Live Streamed Auction
On the Instructions of Joint LPA Receivers

Interested?

Expand
Photos
Map

Freehold Retail Opportunity

Ground Floor Retail Accommodation with Residential Ground Rent on First and Second Floors
Busy Retail Parade Location
Asset Management Opportunity
Important Reversion on Residential Accommodation in 83 Years
Of Interest to Owner Occupiers and Investors
Affluent London Commuter Town

Lot 45
Auction 22nd September 2022
Status Sold
Price £135,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction
On the Instructions of Joint LPA Receivers

Property Information

Location

Miles: 6.5 miles south west of Crawley, 15 miles south east of Guildford
Roads: A24, A264, A281
Rail: Horsham Railway Station
Air: London Gatwick Airport, London Heathrow Airport, London Stanstead Airport,

Situation

The property is located in the affluent West Sussex commuter town of Horsham benefitting from a direct train to London Victoria with a fastest journey time of approximately 50 minutes. The property is situated on the north side of Queen Street close to the junctions of Park Terrace East and Park Terrace West. Nearby occupiers include Majestic Wine, Papa Johns and a mix of local retailers and restaurants.

Tenure

Freehold.

Location

Miles: 6.5 miles south west of Crawley, 15 miles south east of Guildford
Roads: A24, A264, A281
Rail: Horsham Railway Station
Air: London Gatwick Airport, London Heathrow Airport, London Stanstead Airport,

Situation

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with a 3 bedroom flat on the first and second floors. The flat has been let on a long lease for a term of 99 years expiring 01/01/2105 at a current rent of £200 per annum.

Note

This property is being marketed for sale on behalf of Joint LPA Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability. The Receivers are not bound to accept the highest or any offer.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

Note

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Reversion
Ground	Retail	53.00	(570)	VACANT POSSESSION (previously trading as Horsham Barbers)
First Second	Residential	79.80	(859)	INDIVIDUAL	99 years from 01/01/2006	£200	01/01/2105
Total Approximate Floor Area		132.80	(1,429) (1)			£200

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.