TypeRetail Investments · Flat in Commercial
RH12 1 The Parade, Caterways, Horsham
TenureFor sale
Specification
- Building size
- Building size 1,082 sqft
- Property type
- Property type Retail Investments · Flat in Commercial
- Tenure
- Tenure For sale
Description
The property consists of a ground floor lock-up shop arranged as a reception area, treatment room, kitchen, WC, and a storage cupboard. Above, there is a self-contained flat over first and second floors, accessed via an external staircase, comprising two bedrooms, a living room, a kitchen, a bathroom, and a loft conversion which we understand to be fully compliant for use as a third bedroom. The flat has been recently repainted and re-carpeted throughout. The property benefits from a garage to the rear.
The property is available by way of a sale of the freehold interest, subject to the existing tenancy.
The ground floor is let to a private individual, trading as Becky's Lashes by way of an effectively full repairing and insuring 10 year lease from 01 February 2023 at the current rent of £12,000 per annum. There is a tenant only break and an upward only rent review applicable in February 2028. The lease is held outside of the Landlord & Tenant Act 1954.
The flat comes with vacant possession.
Location
The property is situated to the west of Horsham town centre, just off Merryfield Drive. The neighbourhood parade includes a convenience store/post office, a hairdressers, a computer shop and an estate agents. The Coot public house is also just opposite the parade.
Furthermore, the parade benefits free convenient parking to the front of the retail units.




