22 West Street
Horsham
West Sussex
RH12 1PB

Freehold Retail Investment in Affluent West Sussex Town

  • Let to Done Brothers (Cash Betting) Limited
  • Approximately 206.10 sq m (2,218 sq ft) with front and rear customer entrance
  • Highly affluent and attractive retailing centre
  • Excellent pedestrianised location opposite Swan Walk Shopping Centre
  • Nearby retailers include Waterstones, Toni&Guy, Pret a Manger, Vision Express, Boots Opticians, Card Factory and Wilko
  • Lot
    14
  • Auction
    10/Dec/2020
  • Rent
    £38,750 per Annum Exclusive
  • Status
    Available
  • Price*
    £395,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • 22 West Street<br>Horsham<br>West Sussex<br>RH12 1PB
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* More information on the term "price" can be found here

Property Information

Location
Miles
10 miles south-west of Crawley
24 miles north-west of Brighton
Roads
A24, M23
Rail
Horsham
Air
London Gatwick
Situation

Horsham is an affluent and attractive market town, popular with London and Brighton commuters being located approximately 36 miles south-west of Central London and 24 miles north-west of Brighton. The property is located on the south side of the pedestrianised West Street, close to the entrance of Swan Walk Shopping Centre. Nearby retailers on West Street include Waterstones, Toni&Guy, Pret a Manger, Vision Express, Boots Opticians, Card Factory and Wilko

Tenure

Freehold.

Description

The property comprises a ground floor betting shop, with ancillary accommodation on the first floor. The property benefits from both front and rear customer entrances.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

C. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.x
Ground
Frist
Betting Office/Ancillary
Ancillary
107.70 sq m
98.40 sq m
(1,159 sq ft)
(1,059 sq ft)
DONE BROTHERS
(CASH BETTING)
LIMITED (1)
5 years from 07/03/2019
until 06/03/2024 on a full
repairing and insuring lease
£38,750
Total
206.10 sq m
(2,218 sq ft)
  £38,750

(1) For the year ending 29/09/2019 Done Brothers (Cash Betting) Limited reported a turnover of £388,347,000, pre-tax profits of £59,304,000 and total assets of £421,110,000 (NorthRow 13/11/2020).

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    27.11.20
    File Size
    5 MB
    Login to View
  • Site Plan
    Updated Date
    20.11.20
    File Size
    930 KB
    View PDF
  • Catalogue Page
    Updated Date
    20.11.20
    File Size
    1,006 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    07.10.20
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Newtons The Rivergreen Centre, Aykley Heads
Durham
County Durham
DH2 1TP
James McEwen 01325 731973james.mcewen@newtons.co.uk

Useful Links

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