33 High Street, Billingshurst, West , RH14 9PP

FOR SALE Freehold Shop & Residential Ground Rent Investment

Key Features

• High Street position

• Income £8,100 pa

• No stamp duty

• Offers in the region of £115,000

Agency | Lease Advisory | Management | Rating | Valuation | Investment | Development 33 High Street, Billingshurst, , RH14 9PP

Location Flat 33a High Street Billingshurst is a rural village and , located in We have not inspected or measured the flat, but we the District of West Sussex. It is conveniently understand it has a total Gross Internal Area (GIA) of located along the A272 which runs east to west, and links approximately 600 sq ft (55.75 sq m), arranged as an with the A24 to the east, providing access to the A27 south inner hallway, kitchen, bathroom (with WC), lounge and coast trunk road to the south and Gatwick, the M25 and two bedrooms. national motorway network to the north. Horsham lies approximately eight miles to the northeast, and Worthing Tenancies is 18 miles south. Shop 33 High Street - Aurac Sound & Vision Ltd. 5 year lease from 1st July 2019. Rent £8,000 pa. The subject property is located in the centre of Billingshurst, on the eastern side of High Street close to its junction with Flat 33a High Street - sold off by way of a long lease Jengers Mead to the north. High Street is the principle dated 22 August 2003, for a term of 99 years expiring shopping precinct in the village and benefits from good on 1 July 2102. The freeholder benefits from a current levels of passing vehicular traffic. ground rental income of £100 per annum, which rises to £150 per annum in 2036. The tenant holds a full Accommodation repairing and insuring liability by way of a service charge. The property comprises a link-end-of-terrace building, EPC arranged over two storeys. Elevations are generally in EPC rating - TBC. painted brickwork, with a glazed timber-framed shop front to the ground floor. A pitched and clay-tiled roof was visible Terms from ground level, above a modillion eaves cornice. We have been instructed to market the property, subject to the tenancies as described above. Price - offers in the Internally, the building is configured as a lock-up shop to region of £115,000 subject to contract. the ground floor, with a self-contained two bedroom flat on the first floor. There is a separate street access to the Business Rates residential element from High Street, via an external door Shop Rateable Value (2017): £3,650. on the front (west) elevation. Flat - Council Tax Band A

Shop 33 High Street VAT Ground Floor Sales Area 38.94 sq m 419 sq ft Rents and prices are quoted exclusive of, but may be Ground Floor Ancillary 14.48 sq m 156 sq ft subject to VAT.

Legal Fees Each party to bear their own legal costs incurred.

Viewings and Further Information Please contact the sole agents Flude Commercial incorporating Garner Wood: [email protected] 01243 819000 www.flude.com

Flude Commercial for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Commercial has any authority to make or give any representation or warranty whatsoever in relation to this property. Please note that whilst we endeavour to confirm the prevailing approved planning use for properties we market, we can offer no guarantees in this regard. Planning infor- mation is stated to the best of our knowledge. Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues. We advise interested parties to make their own enquiries to the local authority to verify the above and the level of business rates payable in view of possible transitional arrangements and small business relief. 2 March 2020 Offices in Brighton, Chichester and Portsmouth