TypeRetail Investments

RH20 42A & 42B Lower Street, Pulborough

TenureFor sale

42A & 42B Lower Street, Pulborough, RH20 1/1

Specification

Building size
Building size 618 sqft
Property type
Property type Retail Investments
Tenure
Tenure For sale

Description

Premises comprise two units, both providing a split-level ground floor retail area together with an office, store and WC at first floor level.

The premises are available by way of a sale of the freehold investment, subject to the existing tenancies.

42A - Let to an individual by way of a 15 year lease outside of the Landlord & Tenant Act from 01 January 2024, at a rent of £7,500 per annum exclusive. There is a break clause for both parties on 01 June 2034.

42B - Let to an individual by way of a 5 year lease outside of the Landlord & Tenant Act from 01 December 2024, at the current rent of £8,250 per annum exclusive. There is a break clause for both parties and an upward only rent review, both on 01 June 2027.

Location

Pulborough is a village situated within the South Downs National Park, accessed from the A29. The premises are located on the northern side of Lower Street, (the A283) the main thoroughfare through the village. Pulborough offers a variety of independent retailers including amongst others a coffee shop/café, a florist, a wine merchant and Pulborough Stores. Situated in the centre of Pulborough with village car park and railway station within close walking distance. The shops can be accessed from the nearby public car park via footpath in Barn House Lane.

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