Station Road, Pulborough, RH20
- PROPERTY TYPE
Office
- SIZE
1,936 sq ft
180 sq m
Key features
- Freehold interest for sale
- Let to Landmark - Passing rent £34k Per annum rising 2.5% per annum in accordance with the lease
- Attractive income-producing commercial investment
- Approximately £80,000 of recent refurbishment expenditure
Description
For Sale by Public Auction - Wednesday 18th November - Pre auction interest invited
A sound opportunity to acquire a freehold commercial investment comprising approximately 1,936 sq ft of office accommodation, 9 allocated parking spaces with an additional 2 on a first come first served basis demised within the lease. Set within a characterful Grade II-listed building in the heart of Pulborough, West Sussex.
The property is let to Landmark, providing a current rental income of £34,000 per annum, with a further four years remaining on the tenancy. The lease also benefits from rental increases of 2.5%, offering the incoming purchaser the prospect of enhanced income over the term, subject to the provisions of the lease.
The property has recently undergone approximately £80,000 of refurbishment works, representing a significant investment in the building and providing an appealing proposition for investors seeking an income-producing commercial freehold with character and recent capital expenditure.
Combining the charm and architectural appeal of a period building with established office accommodation, a contracted rental income and future rental growth, this opportunity is well suited to investors seeking a commercial property investment in an established West Sussex location.
Approximately 1,936 sq ft of internal accommodation
Current passing rent of £34,000 per annum
A compelling opportunity to acquire a characterful freehold office investment, benefiting from an established tenant, attractive passing income and the potential for rental growth.
These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.
All dimensions/measurements are approximate.
Station Road, Pulborough, RH20
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Pulborough Station0.2 miles
- Amberley Station4.4 miles
- Billingshurst Station4.8 miles
Notes
Disclaimer - Property reference 502012_002725. 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 Barney Estates and Auctioneers, 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 Barney Estates and Auctioneers, London on 020 8432 7330.
*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.”