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Get brand editions for Henry Adams, Horsham

High Street, PO20

Description

DESCRIPTION

A prominent three-storey building comprising an arcade of 5 shops, plus a large café over ground
floor, 6 self-contained flats over ground, first and second floors, and an adjoining 1 bedroom and 2
bedroom cottage to the rear. Externally, there is a well maintained good-sized rear garden, which is
currently let to the café for outside seating.

COMMERCIAL SUMMARY (GROUND FLOOR)

Arcade Unit Sq Ft* Tenancy Type Term Expiry Rateable Value
Units A & D 264 Licence 1 year 31.12.26 £7,000
Unit B 74 Licence 1 year 30.09.26 £1,925
Unit C 161 Licence 1 year 30.09.26 £4,250
Unit E 99 Licence 1 year 30.04.27 £2,600
Unit F 137 Client occupied n/a n/a £3,600
Penny's Café 861 Licence 1 year 31.07.26 £10,800

The total combined commercial rents produce an annual income of £30,420. Unit F which currently
serves as an office is occupied by our client. In our considered view, we believe Unit F would let at a
rental figure of £3,750 per annum exclusive.

*Areas calculated by the Valuation Office Agency

RESIDENTIAL SUMMARY (GROUND, FIRST & SECOND FLOORS)

Property Size Tenancy Term Expiry EPC Ratings
Flat 1 Small 1-bedroom Assured Shorthold Tenancy 6m 04.09.26 Band D (66)
Flat 2 Small 1-bedroom Assured Shorthold Tenancy 6m 26.05.26 Band D (66)
Flat 3 Small 1-bedroom Assured Shorthold Tenancy 6m 10.05.26 Band D (61)
Flat 4 Small bedsit Assured Shorthold Tenancy 6m 15.05.26 Band C (77)
Flat 5 Small 1-bedroom Assured Shorthold Tenancy 12m 29.04.26 Band D (64)
Flat 6 2-bedroom Assured Shorthold Tenancy 6m 26.09.26 Band E (48)
1 The Yard 1-bedroom cottage Assured Shorthold Tenancy 6m 12.08.26 Band C (75)
2 The Yard 2-bedroom cottage Assured Shorthold Tenancy 6m 07.04.26 Band C (75)


The total combined residential rents produce an annual income of £71,100. The flats, with the
exception of flat 3, were refurbished in 2022. A photograph library, which was produced following
the refurbishment, can be made available via email on request. The two cottages known as 1 & 2
The Yard were constructed in 2013.

Total rental income - £101,520 per annum exclusive



VIEWING ARRANGEMENTS
Strictly by appointment through SOLE SELLING AGENTS
Henry Adams Commercial
A walk-through video tour of the arcade and flat 6 can be made available via WhatsApp on request
to the following mobile number .
CONTACT
Andrew Algar - Head of Commercial Property


andrew.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

High Street, PO20

Approximate location
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Affordability

Monthly repayments£4,890
Property: £ 975,000
Deposit: £ 97,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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About Henry Adams, Horsham

50 Carfax, Horsham, West Sussex, RH12 1BP
Industry affiliations:

Henry Adams in Horsham are proud to be part of one of the largest and most successful independent estate agents in the region. Our dedicated team of local sales experts are led by Nick Hapgood, and are on hand to assist with any property requirements you may have.

We have a friendly approach and an unrivalled knowledge of the local market, ensuring we achieve the very best outcome for our vendors and purchasers alike. We create a bespoke approach to the marketing of each home, ensuring we are giving you the right level of exposure online, on social media, and within our office.

We know that your home is often your biggest and most important asset, and our proven record of happy clients and positive reviews show that you are in the best hands throughout the entire marketing and selling process.

We would love to hear from you, whether you are simply curious as to your property's value, contemplating a move, or looking for advice. Take a look at some of our success stories and positive feedback below!

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Disclaimer - Property reference Freehold. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Henry Adams, Horsham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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