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 10th December 2020
Rent £38,750 per Annum Exclusive
Status Sold
Price £425,000
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
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.
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.
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
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent 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 £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
