Victoria Road, Horley

£695,000 For Sale

Property Description

  • Town Centre investment
  • 2857 sq ft (265.46m2)
  • Ground floor unit with vacant possession
  • First floor offices subject to occupational lease.
  • Car park to the rear

LOCATION

Situated in the heart of Horley the property has a prominent frontage to the popular Victoria Road. The property is close to the pedestrianised High Street and convenient for the central Shoppers car park. Horley mainline railway station is a few minutes’ walk away.

DESCRIPTION

The premises comprise separate ground and first floor units. The ground floor was most recently occupied as a branch of HSBC bank but is now offered with vacant possession. This has the potential to be divided into two self contained units STPP. Guide rent for the ground floor as one unit is £29,500pax.

 

The first floor offers self-contained office accommodation, currently let to Mahany & Co Solicitors. The lease is for a term of 15 years from September 2017 at a passing rent of £13,400 pa.

 

The property has 6 parking spaces demised to the ground floor unit and 2 demised to the first floor offices.

 

Approx. dimensions as follows: -

 

Ground floor retail    1987 sq ft (184.66m2)

First Floor offices       870 sq ft (80.80m2)

 

Approx total internal area: 2857 sq ft (265.46m2)

SALE PRICE     

£695,000 for the Freehold interest.

TENURE

Freehold subject to the occupational lease of the first floor offices and vacant possession of the ground floor unit.

RATES

The Valuation Office Agency website lists the ground floor unit as having a rateable value of £30,250 and the first floor £9,800.

VAT

All rents, prices and premiums are stated exclusive of VAT under the Finance Act 1989. Accordingly, interested parties are advised to consult their professional advisers as to their liabilities, if any, in this direction.

LEGAL COSTS

Each party to be responsible for their own legal costs in the transaction.

EPC

An EPC is available for this property. The property has a rating of E (115).

 

VIEWING

Strictly by prior appointment only through joint sole agents:

 

ROBINSONS with Martin-Brown

01737 229200

www.robinsonsmb.com

 

Oldfield Smith

01825 762222

www.oldfield-smith.co.uk

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