PRELIMINARY DETAILS
GROUND FLOOR RETAIL UNIT
48 SQ M (517 SQ FT)

12 Park Place, Horsham, West Sussex, RH12 1DG

Status Under Offer
Location

The property is situated within Park Place, being an attractive retailing area of the town, linking the semi-pedestrianised East Street with Piries Place.  There is a range of retailers close by including a fashion outlet, barbers and tea rooms.

Car parking is conveniently situated close by in the Piries Place multi-storey car park.  

Piries Place, under new ownership, is being redeveloped into a mixed leisure scheme and will include a 3 screen Everyman cinema alongside new retail, restaurant and drinking establishments, which will highly benefit the location of the premises, situated near the main entrance from the car park.



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Description

The retail unit has accommodation at ground floor only and comprises an aluminium shop front, benefiting from ramped access and security roller shutters, internally suspended ceiling, air conditioning and WC.

Accommodation

The premises have the following approximate floor areas:-

Internal width 6 m (19'8")
Shop depth 8 m (26'3")
Total floor area (48 sq m) (517 sq ft)
Lease Terms

A new lease is available on terms to be agreed.

Rent

£15,000 per annum exclusive, rising to £17,500 per annum exclusive to coincide with the completion of the works on Piries Place.

Service Charge

A nominal service charge shall be applicable.  Further details upon request.

Business Rates

We have been informed that the Local Rating Authority that the premises are assessed as follows:-

Rateable Value: £13,000
UBR (2017/18): 46.6 p in £

We advise that you contact the Local Rating Authority for confirmation of the actual amount payable. The rates payable may be subject to transitional relief and small businesses may be eligible for the Small Business Rate Relief Scheme.

 

VAT

VAT will be applicable on the terms quoted.

Legal Costs

Each party to be responsible for their own legal costs.

EPC

Further information to be provided regarding the Energy Performance Certificate. 

Viewing

By appointment through:

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