Former Natwest Bank, Market Square, Petworth, GU28 0AL
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- To be offered on Wednesday 16 September
- A freehold former bank building over four floors
- Part 1st & 2nd floor comprise of a flat (sold off on long lease)
- Amounting to an approx. 1,744 sq ft
- Asset management potential to let the property out in its current use
- Development potential to be converted into alternative uses or a number of dwellings (subject to the requisite consents)
- ATM let on a 5 year lease (expiry December 2027) let at £5,000 p.a.
- Vacant (apart from the ATM machine)
Description
StrapLine
Auction Sale - 15/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA freehold former bank building situated across 4 floors (part of the 1st and 2nd floor comprise of a self contained flat that has been sold off on a long lease)
The building amounts to an approx. 1,744 sq ft and offer asset management potential in tis current use or development potential to be converted into multiple dwellings (subject to the requisite consents)
Description
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A Grade II listed former bank building. The property is situated over 3 floors (Basement, Ground and 2 upper floors) There is a flat at part 1st and 2nd floor that has been sold off on a long lease.
The property can be accessed both at the front and rear.
The property offer asset management potential in its current use and/or development potential to be converted into a number of dwellings (subject to the requisite consents)
Location
The property occupies a prominent position in Petworth town centre, fronting Market Square within this attractive and affluent West Sussex market town, renowned for its independent retailers, restaurants and historic character.
Transport
Petworth benefits from good road connections via the A272 and A283, with Pulborough railway station approximately 4 miles south, providing direct services to London Victoria and the South Coast.
Tenancy
ATM Space
- Let to NatWest plc
- Let on a 5 year lease from December 2022 (Expiry December 2027)
- Investment let at £5,000 p.a.
Accommodation
Please refer to floor plan
An approx. 1,744 sq ft
Former Natwest Bank, Market Square, Petworth, GU28 0AL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Pulborough Station4.9 miles
Notes
Disclaimer - Property reference 242-24012. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”