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Long Leasehold Commercial Investment in Petworth

Petworth, GU28 - Get Access

Description

A long leasehold commercial investment comprising a well-presented ground floor retail unit extending to approximately 1,676 sq ft. The property is let on a 15-year lease from June 2018, benefiting from upwards-only open market rent reviews every five years. The accommodation includes a bright, fully glazed retail frontage with ancillary office, storage, kitchenette and WC facilities as well as a basement used for storage. Situated in the affluent and highly sought-after market town of Petworth, the property offers an attractive income-producing investment opportunity. Clifford House occupies a prominent position in the heart of Petworth, an affluent and highly desirable West Sussex market town renowned for its historic character, independent retailers, cafés, restaurants and antique shops. The property is situated within Market Square, the town's principal commercial centre, benefiting from strong pedestrian footfall and close proximity to a range of local amenities. The property is well connected by road, with the A283 providing direct links to Pulborough, Haslemere and the wider regional road network. Pulborough Railway Station is approximately 4.5 miles to the south east, offering regular services to London Victoria, Gatwick Airport and the South Coast, whilst Haslemere Railway Station lies approximately 10 miles to the north west with services to London Waterloo.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,679 sq ft (Floor plan)

Valuing this commercial retail investment property in Petworth requires assessing its prime Market Square location, secure 15-year lease profile, and generous 1,679 sq ft floor area derived from the floor plan. The property is presented in good condition (7/10) with traditional features and minor dated carpets. Yield and investment value are weighted against regional West Sussex commercial benchmarks.

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