freehold for sale mixed use investment comprising two lock-up shops
FREEHOLD FOR SALE MIXED USE INVESTMENT COMPRISING TWO LOCK-UP SHOPS, TWO 2X BEDROOM MAISONETTES AND SINGLE GARAGE *CURRENTLY PRODUCING AN INCOME OF £38,580 PER ANNUM*
2/2A & 10/10A JENGERS MEAD, BILLINGSHURST WEST SUSSEX RH14 9PB Henry Adams (Horsham) LLP 50 Carfax, Horsham, West Sussex RH12 1BP 01403 282519 [email protected] henryadams.co.uk Residential / Commercial / Rural / Development / Auctions Robert Crawford Clarke BSc AGRIC MRICS Howard Ball MNAEA MARLA Consultant: Eddie Jenkinson BA (Hons) MRICS IRRV. Henry Adams (Horsham) LLP is a limited liability partnership which operates under licence and is independently owned. Registered in England and Wales No. OC339620. Registered office 50 Carfax, Horsham RH12 1BP. VAT No. 938 6934 67 Regulated by the RICS (Royal Institution of Chartered Surveyors)
LOCATION Billingshurst is a large thriving village situated at the junction of the A29 and A272, between Horsham and Petworth. Serving a large rural community, the village has a good range of local facilities. The subject property is situated within the village’s principal shopping parade of Jengers Mead, adjacent to the High Street. There is a fast and frequent train service to London Victoria (1 hour 13 minutes) from Billingshurst train station, which is situated 0.7 miles to the immediate south of the property. A location plan and street view of Jengers Mead can be viewed online through Google Maps and typing in the property’s postcode RH14 9PB DESCRIPTION Two mid-terraced freehold properties (2/2a & 10/10a), each comprising a ground floor shop and 2 bedroom self-contained maisonette. The Title Deed for 2/2a includes a single garage. LEASE / TENANCY SCHEDULE Number 2 2a 10 10a
Prop type/Tenant Retail shop & garage Parlour Nails & Spa 2 bedroom maisonette Mr Lilu Miah Retail shop Horsham Matters 2 bedroom maisonette Mr Silva & Miss Pereira
Tenancy terms 10 year lease term from th the 29 June 2017 12 month AST from October 2017 7 year lease term from st the 1 July 2017 12 month AST from th 7 April 2017
Income
PA Rents £10,000
Notes The tenant pays an annual service charge of approx. £520
£9,600 £9,500
The tenant pays an annual service charge of approx. £520
£9,480 £38,580
TENURE Freehold interest, subject to the above tenancies. PRICE £600,000 LEGAL COSTS Each party to pay their own legal costs. VAT We have been advised that the property is VAT exempt. ENERGY PERFORMANCE CERTIFICATES Energy Performance Certificates are available by email upon request. Agent’s Notice – We endeavour to make our particulars as accurate and reliable as possible. They are for guidance only and are intended to give a fair overall summary of the property. They do not form part of any contract or offer and should not be relied upon as a statement or representation of fact. Measurements, areas, plans and distances are approximate only. Photographs and computer generated images show only certain parts and aspects of the property at the time they were taken or created. Neither Henry Adams Horsham LLP nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to the property. No undertaking is given as to the structural condition of the property or any necessary consents or the operating ability or efficiency of any service system or appliance. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated, all prices and rents are exclusive of VAT. Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.
LOCATION MAPS – NOT TO SCALE
2/2A & 10/10A JENGERS MEAD, BILLINGSHURST WEST SUSSEX RH14 9PB Henry Adams (Horsham) LLP 50 Carfax, Horsham, West Sussex RH12 1BP 01403 282519 [email protected] henryadams.co.uk Residential / Commercial / Rural / Development / Auctions Robert Crawford Clarke BSc AGRIC MRICS Howard Ball MNAEA MARLA Consultant: Eddie Jenkinson BA (Hons) MRICS IRRV. Henry Adams (Horsham) LLP is a limited liability partnership which operates under licence and is independently owned. Registered in England and Wales No. OC339620. Registered office 50 Carfax, Horsham RH12 1BP. VAT No. 938 6934 67 Regulated by the RICS (Royal Institution of Chartered Surveyors)
LOCATION Billingshurst is a large thriving village situated at the junction of the A29 and A272, between Horsham and Petworth. Serving a large rural community, the village has a good range of local facilities. The subject property is situated within the village’s principal shopping parade of Jengers Mead, adjacent to the High Street. There is a fast and frequent train service to London Victoria (1 hour 13 minutes) from Billingshurst train station, which is situated 0.7 miles to the immediate south of the property. A location plan and street view of Jengers Mead can be viewed online through Google Maps and typing in the property’s postcode RH14 9PB DESCRIPTION Two mid-terraced freehold properties (2/2a & 10/10a), each comprising a ground floor shop and 2 bedroom self-contained maisonette. The Title Deed for 2/2a includes a single garage. LEASE / TENANCY SCHEDULE Number 2 2a 10 10a
Prop type/Tenant Retail shop & garage Parlour Nails & Spa 2 bedroom maisonette Mr Lilu Miah Retail shop Horsham Matters 2 bedroom maisonette Mr Silva & Miss Pereira
Tenancy terms 10 year lease term from th the 29 June 2017 12 month AST from October 2017 7 year lease term from st the 1 July 2017 12 month AST from th 7 April 2017
Income
PA Rents £10,000
Notes The tenant pays an annual service charge of approx. £520
£9,600 £9,500
The tenant pays an annual service charge of approx. £520
£9,480 £38,580
TENURE Freehold interest, subject to the above tenancies. PRICE £600,000 LEGAL COSTS Each party to pay their own legal costs. VAT We have been advised that the property is VAT exempt. ENERGY PERFORMANCE CERTIFICATES Energy Performance Certificates are available by email upon request. Agent’s Notice – We endeavour to make our particulars as accurate and reliable as possible. They are for guidance only and are intended to give a fair overall summary of the property. They do not form part of any contract or offer and should not be relied upon as a statement or representation of fact. Measurements, areas, plans and distances are approximate only. Photographs and computer generated images show only certain parts and aspects of the property at the time they were taken or created. Neither Henry Adams Horsham LLP nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to the property. No undertaking is given as to the structural condition of the property or any necessary consents or the operating ability or efficiency of any service system or appliance. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated, all prices and rents are exclusive of VAT. Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.
LOCATION MAPS – NOT TO SCALE
