RIVERBANK, HIGH STREET, PETWORTH GU28 0AU Prime freehold shop and upper parts for sale
RIVERBANK
High Street, Petworth West Sussex GU28 0AU
Freehold - £650,000 Retail and ancillary building located in town centre of Petworth offering investment, development or owner occupation potential. • • • • • •
Located within the prime shopping area of Petworth Attractive, historic building Flexible accommodation Building size 1,422 sq ft (132.08 sq m) Vacant possession Residential use potential subject to planning
LOCATION Petworth is an historic market town located 14 miles north of Chichester and 22 miles south of Guildford at the junction of the A272 and A283. The town caters for a significant number of tourists who visit Petworth House, as well as the nearby South Downs. Riverbank is situated in a central position between the High Street’s junctions with Middle Street and Golden Square within the heart of the prime retail area of Petworth. The town’s retail scene is characterised by many antique dealers, galleries and independent retailers with those trading nearby including: Hennings Wine Merchants, Spriggs Florist, The Hungry Guest, Tiffins Tearoom and Déjà Vu, whilst national retailers represented in Petworth include: Cooperative Food, Nat West Bank and Lloyds Pharmacy. DESCRIPTION Riverbank is an attractive, semi-detached building having its origins from the seventeenth century with later additions and enjoys many period features. The property provides a retail shop and ancillary on ground floor with showrooms on the upper floor. Externally there is a small yard where there are two small stores and WC, the property has vehicular access to its flank
providing unloading space or parking for one, possibly two, vehicles. The property is currently vacant but formerly operated as an antiques showroom. The main retail area provides a flexible trading space with full-height window display in two bays either side of a recessed entrance porch. To the rear of the shop there is an inter-connecting room providing further display space or ancillary accommodation. From here there is access to the yard at the rear and to stairs rising to the firstfloor accommodation. The upper floor provides three showrooms and a shower room with WC. The upper floor would lend itself to conversion to residential accommodation, subject to planning and other consents. Mains services are available. The central heating system requires separation from the hot water supply in the neighbouring building. A new boiler can be installed by agreement. SCHEDULE OF ACCOMMODATION Floor Description Sq M Sq Ft Ground Shop 43.89 472 Rear ancillary 20.27 218 External stores 18.14 196 First Front east room 16.26 175 Front west room 18.83 203 Rear room 9.97 107 Storage 1.87 20 Shower room 2.85 31 Total 132.08 1,422 The areas are internal and approximate. BUSINESS RATES The property has a rateable value of £12,750 PLANNING The property is Grade II listed and in a Conservation Area. Enquiries to: Chichester District Council 1 East Pallant Chichester PO19 1TY Tel: 01243 785166
TENURE Freehold. The property is held under title WSX257840. The property is subject to two separate rights of way on foot (i) for access to a small store at the rear of the site and (ii) to the neighbouring property to the east. At first floor, the title extends by a small margin over the neighbouring building by way of a flying freehold. TERMS Offers are invited in the region of £650,000 for the freehold. Subject to contract and exclusive of VAT.
Ground floor
VIEWING AND FURTHER INFORMATION Viewing and further information from the selling agents: Richard Grassly -
[email protected] 01483 300233 Peter Hughes -
[email protected] 01798 344554 Philip Baker -
[email protected] 01342 410122
Ground floor NOTICE: RH & RW Clutton (and their joint agents where applicable) for themselves and for the vendors or lessors of this property for whom they act, give notice that (i) these particulars are a general outline only, for the guidance of prospective tenants or purchasers, and do not constitute the whole or any part of an offer or contract. (ii) RH & RW Clutton cannot guarantee the accuracy of any description, dimensions, references to condition and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. (iii) the vendor does not make or give, and neither RH & RW Clutton nor any person in the employ of RH & RW Clutton has any authority to make or give any representation or warranty in relation to this property. Property particulars prepared July 2017
First floor
01342 410122 www.rhrwclutton.com 92 High Street East Grinstead West Sussex RH19 3DF