8 West Street Horsham West Sussex RH12 1PB

8 West Street
Horsham
West Sussex
RH12 1PB

Prime Freehold Retail Investment

Let to C. & J. Clark International Limited on a recently renewed lease
5 year lease from 24/06/2022 (subject to option)
Re-based Rent (previously let at £57,500 p.a.)
Highly affluent and attractive retailing centre
Prime pedestrianised location opposite Swan Walk Shopping Centre

Lot
3
Auction
3rd November 2022
Rent
£48,500 per Annum Exclusive
Status
Sold
Price
£600,000
Auction Venue
Live Streamed Auction

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Prime Freehold Retail Investment

Let to C. & J. Clark International Limited on a recently renewed lease
5 year lease from 24/06/2022 (subject to option)
Re-based Rent (previously let at £57,500 p.a.)
Highly affluent and attractive retailing centre
Prime pedestrianised location opposite Swan Walk Shopping Centre

Lot 3
Auction 3rd November 2022
Rent £48,500 per Annum Exclusive
Status Sold
Price £600,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 10 miles south-west of Crawley, 24 miles north-west of Brighton, 40 miles south-west of Central London
Roads: A24, M23
Rail: Horsham Train Station
Air: London Gatwick Airport

Situation

Horsham is an popular market town, located approximately 24 miles north-west of Brighton and 40 miles south-west of Central London. The property is located on the south side of the pedestrianised West Street, very close to the entrance of Swan Walk Shopping Centre. Nearby occupiers include Costa Coffee, Pret A Manager, Caffè Nero, Toni & Guy, Jigsaw, HSBC and Lloyds Banks.

Tenure

Freehold.

Location

Miles: 10 miles south-west of Crawley, 24 miles north-west of Brighton, 40 miles south-west of Central London
Roads: A24, M23
Rail: Horsham Train Station
Air: London Gatwick Airport

Situation

Tenure

Freehold.

Description

The property comprises a shop arranged on the ground and first floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band D

Description

The property comprises a shop arranged on the ground and first floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band D

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.
Ground First	Retail/Ancillary Ancillary	224.92 114.18	(2,421) (1,229)	C. & J. CLARK INTERNATIONAL LIMITED (1)	5 years from 24/06/2022 (2) on a full repairing and insuring lease	£48,500
Total		339.10	(3,650)			£48,500

(1) C. & J. Clark Limited have been established in the UK since 1825 (www.clarks.co.uk)
(2) The lease is subject to a tenant only option to determine on 24/06/2025

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.