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
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.
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.
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