Prime trading location directly opposite Swan Walk Shopping Centre
Let to Next Plc who have occupied the shop for over 30 years
Well configured shop comprising 5,269 sq ft, with sales accommodation on both ground and first floors and servicing from the rear
Nearby retailers include Caffè Nero, Pret a Manger, Costa, Joules, Jigsaw and Clarks Shoes
Attractive and affluent retailing centre
Lot 24
Auction 28th March 2018
Rent £121,000 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
20 miles south-east of Guildford, 21 miles north-west of Brighton
Roads
A23, A24, A264, M23 (Junction 11)
Rail
Horsham Rail Station
Air
London Gatwick Airport
Situation
Horsham is an affluent market town popular with London and Brighton commuters. The property is situated in the heart of Horsham town centre, in a prime pedestrianised position on the southern side of West Street, opposite the main entrance to Swan Walk Shopping Centre, housing retailers including Marks & Spencer, Boots the Chemist, WHSmith, Pandora and Fat Face. Other nearby occupiers include Caffè Nero, Pret a Manger, Costa, Joules and Jigsaw.
Tenure
Freehold.
Location
Miles
20 miles south-east of Guildford, 21 miles north-west of Brighton
Roads
A23, A24, A264, M23 (Junction 11)
Rail
Horsham Rail Station
Air
London Gatwick Airport
Situation
Horsham is an affluent market town popular with London and Brighton commuters. The property is situated in the heart of Horsham town centre, in a prime pedestrianised position on the southern side of West Street, opposite the main entrance to Swan Walk Shopping Centre, housing retailers including Marks & Spencer, Boots the Chemist, WHSmith, Pandora and Fat Face. Other nearby occupiers include Caffè Nero, Pret a Manger, Costa, Joules and Jigsaw.
Tenure
Freehold.
Description
The property comprises a well configured ground floor shop with further retail and ancillary accommodation on the first floor. The property benefits from loading to the rear.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a well configured ground floor shop with further retail and ancillary accommodation on the first floor. The property benefits from loading to the rear.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Ground Part First Part First
Retail/Ancillary Retail Ancillary
267.29 sq m 125.80 sq m 96.40 sq m
(2,877 sq ft) (1,354 sq ft) (1,038 sq ft)
NEXT PLC (1)
25 years from 01/06/1987 (Holding Over) on a full repairing and insuring lease
£121,000
Total
489.49 sq m
(5,269 sq ft)
£121,000
(1) For the year ending 28th January 2017, Next Plc reported a turnover of £4,097,300,000, pre-tax profits of £790,200,000 and a total net worth of £467,200,000 (Source: Experian Group 27/02/2018).
