Guide price
£295,000
Retail premises for salePetworth, West Sussex GU28
Freehold
About this property
Rare freehold retail investment
Lovely Grade II listed building
Town centre location
Class 'E'
77.1 sq m / 829 sq ft in all
A rare investment opportunity. A retail unit, situated in a lovely Grade II listed building, in a prominent position in the main Market Square in Petworth. Currently let and occupied by a Fine Art Dealer.
Description
A very rare retail unit, situated in a prominent position in the main Market Square in Petworth. Being offered as an investment as the property is currently occupied by the Fine Art Dealers, Rountree Tryon, who specialise in maritime, wildlife, sporting and topographical art.
Location
The ground floor shop located in Market Square, a prominent position in central Petworth and within the central retail area of the town which is characterised by many art galleries, antique dealers and independent retailers. 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. The neighbouring towns of Midhurst (6 miles), with its world renowned Cowdray Park Polo ground, and Chichester, with its popular Festival Theatre, both provide a draw to this attractive part of West Sussex. Pulborough mainline station (6 miles) offers a service to Gatwick, London Bridge and Victoria (70 mins) and along the coast.
Use
We understand the current use is Class ’E’ retail.
Current lease
The shop is currently let to Rountree Tryon Gallery on term of 5 years which commenced on 17th October 2021 and expires on 16th October 2026. Please contact the agent for more information.
Business rates
The current rateable value is £14,000, the gross amount payable for 2024/25 is £6,483.88. The property may be eligible for small business rates relief. We recommend all intending purchasers should make their own enquiries to Chichester District Council.
Services
Mains electricity, water and drainage are connected
Energy performance certificate
The property has been given a rating of D (97).
Legal costs
Each Party to pay their legal costs, incurred in the transaction.
Viewing arrangements
Strictly by appointment with the sole agent
rh & rw Clutton
Description
A very rare retail unit, situated in a prominent position in the main Market Square in Petworth. Being offered as an investment as the property is currently occupied by the Fine Art Dealers, Rountree Tryon, who specialise in maritime, wildlife, sporting and topographical art.
Location
The ground floor shop located in Market Square, a prominent position in central Petworth and within the central retail area of the town which is characterised by many art galleries, antique dealers and independent retailers. 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. The neighbouring towns of Midhurst (6 miles), with its world renowned Cowdray Park Polo ground, and Chichester, with its popular Festival Theatre, both provide a draw to this attractive part of West Sussex. Pulborough mainline station (6 miles) offers a service to Gatwick, London Bridge and Victoria (70 mins) and along the coast.
Use
We understand the current use is Class ’E’ retail.
Current lease
The shop is currently let to Rountree Tryon Gallery on term of 5 years which commenced on 17th October 2021 and expires on 16th October 2026. Please contact the agent for more information.
Business rates
The current rateable value is £14,000, the gross amount payable for 2024/25 is £6,483.88. The property may be eligible for small business rates relief. We recommend all intending purchasers should make their own enquiries to Chichester District Council.
Services
Mains electricity, water and drainage are connected
Energy performance certificate
The property has been given a rating of D (97).
Legal costs
Each Party to pay their legal costs, incurred in the transaction.
Viewing arrangements
Strictly by appointment with the sole agent
rh & rw Clutton
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