The property is situated in a central location adjacent to Piries Place shopping centre and East Street. There are a number of restaurants, bars and pubs closeby and the Piries Place multi-storey car park and Denne Road car park provide ample parking within short walking distance. The general area is set to improve further as a result of the imminent pedestrianisation of East Street.
Horsham, is an established and prosperous Market town, (one of the largest in West Sussex), having a population of approximately 42,000 with a catchment area of approximately 250,000 inhabitants.
KEY FEATURES
- Self-contained residential accommodation above
- Revised Terms
- Central location
The premises comprise Café Bar & Restaurant premises on ground floor and basement with self contained residential accommodation on the first and second floors. The premises have been substantially refurbished and fitted out to a good level for existing use within the last 18 months.
The restaurant provides approximately 38 covers, a bar area, fully fitted kitchen and prep room. To the rear there is a self contained courtyard providing parking for at least two vehicles.
PROPERTY DETAILS
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Ground Floor & Basement
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1291 sq ft
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(119.94 m2)
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ACCOMMODATION
Basement
Storage: 595 sq ft (55.3 m2)
Ground Floor
Restaurant/sales: 520 sq ft (48.3 m2)
Kitchen: 126 sq ft (11.7 m2)
Preparation area: 50 sq ft (4.6 m2)
Gents W.C.
Ladies/disabled W.C.
First Floor – 3 rooms, fitted kitchen and W.C.
Second Floor – 4 rooms and two bathrooms
TENURE
The premises are held on a full repairing and insuring lease for a term of 20 years from 19 September 2008 at a current rent of £30,000 per annum exclusive, subject to 5 yearly upward only rent reviews.
The lease provides for the tenant to terminate the lease at the expiry of the fifth and tenth years of the term.
EPC
Where an EPC is not displayed with the marketing details for the subject property, please contact the agent to confirm the current status.
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Ground Floor & Basement
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To Let: £30,000 pa
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Lease
Available by way of an assignment of the lease with the benefit of the existing goodwill, fixtures, fittings and catering equipment
Premium
Premium offers are invited.
Business Rates
Rateable Value: £17,000
Rates Payable: £7,650 (2012/13)
You are advised to contact Horsham District Council (01403 215100) to verify this information.
Transitional Phasing may apply.
VAT
VAT may be payable on the terms quoted (TBC)
Legal Fees
Each party to be responsible for their own legal costs.
Viewing Arrangements
Strictly via prior appointment through Agents Graves Jenkins