Description
The property comprises a purpose built office premises extending to approximately 13,594sq.ft. over ground, 1st and 2nd floors, situated on a corner plot of approximately 0.47 acres. The property benefits from passenger lift services to all floors and parking for approximately 48 vehicles.
Location
The property is located in Bishopric within the historic Market Town of Horsham in West Sussex, occupying a prominent corner position on the west end of West Street. The property is within close walking distance of Horsham Town Centre with its plethora of shops, bars and restaurants.
Tenancy
The property is let on a fully repairing and insuring lease to Barclays Bank PLC for approximately £145,000 per annum until June 2022. The premises has been sub-let on a variety of leases, a schedule of which is available upon request.
Planning & development potential
We understand the property benefits from B1 use. The building is not Listed or located within a Conservation Area. The property offers potential for redevelopment and a range of alternative uses, including retail, office, hotel, student accommodation and residential, subject to the necessary consents being obtained.
Tenure
The property is Freehold.
VAT
We understand this sale will not be subject to VAT.
Terms
Offers are invited in excess of £2,000,000 for the freehold interest.
