Prime retail investment for sale in Horsham

This property is marketed by:
Colyer Commercial Consultant Surveyors

Key Features

• PRIME FREEHOLD RETAIL INVESTMENT
• LOCATED IN THE MAIN PEDESTRIANISED AREA OF HORSHAM
• FULLY LET TO THREE OCCUPIERS

Investment Summary

• Horsham is an affluent and pretty market town with great links to London.
• The property occupies a prime location in Carfax, the main pedestrianised area in the centre of town.
• The property is fully let to three companies on four leases at a total rental of £80,000 per year.
• Offers in excess of £1,000,000 (one million pounds), subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 7.6%.

Location

Horsham is a pretty West Sussex market town on the banks of the River Arun in an attractive setting, with a history dating back to 947 AD. It is situated only 31 miles south of London and 19 miles north of Brighton. The town benefits from direct rail links to London Victoria, with the quickest trains taking just 55 minutes so it is very popular with London commuters. By road, Horsham is well connected to the M25 (J9) via the A24 and is only 15 miles from London Gatwick Airport.

Horsham has a population of 147,000 (2021 UK census), with a higher growth than the average UK town and a wide range of facilities to serve its affluent local population. With its cobbled lanes, historic buildings and the original town square and band stand, it is easy to see why Horsham and the surrounding areas regularly top polls as some of the best places to live in UK.