Horam Premises for sale comprising shop (currently let) with 2 flats (vacant)

26th November 2020

Oldfield Smith & Co have been instructed to market an excellent opportunity in Horam High Street, at the junction of the A267 and B2203. comprising

The premises comprise a shop to the ground floor currently let and comprising an overall area of 58.9 sq m (633 sq ft) with a stock room/office to the rear.

There are 2 separate self contained flats. one 3/4 bed property and the other one bed with separate access points but are currently interconnecting.  At the rear of the premises there is an area of decking and patio and a generous lawned area surrounded by mature trees, hedge and a fence.  A concrete path with gate leads back to the high street. Both flats will be vacant on completion of a sale.

The shop trades as a general convenience store and is let for a term of 10 years from November 2020 at a rent of £12,000pa subject to 5th year rent review and a mutual break option at 5th year providing a facility for either the landlord or tenant to terminate the lease subject to serving an appropriate notice.

Offers sought in the region of £495,000 for the freehold with full vacant possession of both flat and subject to the commercial letting.  Further details can be seen here or any other enquires please call 01825 762222.