Situated in the heart of Horley the property has a prominent frontage to the popular Victoria Road. The property is close to the pedestrianised High Street and convenient for the central Shoppers car park. Horley mainline railway station is a few minutes’ walk away.
The property is opposite Iceland frozen foods, with a new branch of Specsavers Opticians a few doors away. Also close by are Waitrose and Lidl supermarkets, Costa Coffee and Collingwood Batchelor department store.
The premises comprise a two storey building. The ground floor was most recently occupied as a branch of HSBC Bank and is now offered with vacant possession. Internally it retains some of the bank fittings but offers enormous scope for conversion to alternative uses, STPP. The ground floor was previously let at a rent of £32,000 pa but it is considered that scope exists to increase the rent upon reletting.
The first floor offers self-contained office accommodation, currently let to Mahany & Co Solicitors. The lease is for a term of 15 years from September 2017 at a passing rent of £13,400 pa.
There is a service road behind the property, accessed via Massetts Road. This leads to a surfaced car parking area at the rear of the building, which is of sufficient size to accommodate approximately 8 cars. 2 spaces are demised with the lease of the 1st floor offices.
VOA records indicate the following areas the building (not verified by us) :
Ground floor retail 148.46 sq m (1,598 sq ft)
Staff room/kitchen 10.30 sq m (111 sq ft), Rear office/store 22.70 sq m (244 sq ft), Store 3.2 sq m (34 sq ft)
First floor offices 80.80 sq m (870 sq ft)
Total overall area 265.46 sq m (2,857 sq ft)
£750,000 now reduced to £695,000 for the freehold interest in the property, subject to the occupational lease of the first floor.