Clifford House, Market Square, Petworth, GU28 0AH
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- A long leasehold commercial investment
- Comprising of a shop across ground & basement
- Amounting to an approx. 1,676 sq ft
- Let on a 15 year lease from June 2018
- Upwards only open market rent reviews every 5th year
- Landlord option to break the tenancy on 1 months notice (Please refer to the legal pack)
- Located in affluent & prosperous town of Petworth
- VAT free investment
- Investment let at £30,000 p.a. (11.11% GIY on guide price)
Description
StrapLine
Auction Sale - 03/11/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA long leasehold commercial investment located in the heart of Petworth. The commercial unit is situated across ground and basement and amounts to an approx. 1,676 sq ft. The property is let on a 15 year lease from June 2018 (Reversion 2033).
Investment let at £30,000 p.a.
Description
A long leasehold commercial investment comprising a well-presented ground floor retail unit extending to approximately 1,676 sq ft.
The property is let on a 15-year lease from June 2018, benefiting from upwards-only open market rent reviews every five years.
The accommodation includes a bright, fully glazed retail frontage with ancillary office, storage, kitchenette and WC facilities as well as a basement used for storage.
Situated in the affluent and highly sought-after market town of Petworth, the property offers an attractive income-producing investment opportunity.
Location
Clifford House occupies a prominent position in the heart of Petworth, an affluent and highly desirable West Sussex market town renowned for its historic character, independent retailers, cafés, restaurants and antique shops. The property is situated within Market Square, the town's principal commercial centre, benefiting from strong pedestrian footfall and close proximity to a range of local amenities.
Transport
The property is well connected by road, with the A283 providing direct links to Pulborough, Haslemere and the wider regional road network. Pulborough Railway Station is approximately 4.5 miles to the south east, offering regular services to London Victoria, Gatwick Airport and the South Coast, whilst Haslemere Railway Station lies approximately 10 miles to the north west with services to London Waterloo.
Tenancy
Clifford House
- Let to Augustus Brandt Antiques International Limited
- Let on a 15 year lease from June 2018 (Reversion 2033)
- Upwards only open market rent reviews every 5th year
- Deed of variation has been entered in with the benefit of
- landlord break option operable on one month's prior notice
- include ability to forfeit for tenant insolvency; and
- an obligation on the tenant to return the premises to the landlord with vacant possession
- Investment let at £30,000 p.a.
Accommodation
Please refer to the floor plan
An approx. 1,676 sq ft
Clifford House, Market Square, Petworth, GU28 0AH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Pulborough Station4.6 miles
Notes
Disclaimer - Property reference 245-24003. 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.”