We are delighted to offer for sale this fully operational Guest House due to the owners retirement. Due to the prominent location, generous on site parking and A23 road frontage the premises would equally suit other commercial uses i.e. freehold office/health centre/ surgery uses etc or development STPP. LOCATION The premises are situated on the A23 Brighton Road, close to the junction with Massetts Road and just minutes from both of the Gatwick Airport terminals. DESCRIPTION “The closest guest house to Gatwick Airport" boasting 10 Rooms all with en-suite facilities plus permission to store 30 cars onsite as well as potential to expand the business further or even change its use. As well as the 10 en-suite guest rooms which range in size from single to family room there is a guest sun room & dining room, a reception & guest W/C. In addition there are staff quarters which comprise a large lounge/dining room which has doors opening to the gardens, an 18ft kitchen, a generous double bedroom with a private bathroom & dressing room. Outside there is a pleasant rear garden which is predominantly laid to lawn with mature boundaries, a pond & water feature, a large outbuilding & a hard standing area to the front & side there is ample parking & the current owners have permission to store 30 cars which provides additional income. There is also a tandem length garage onsite to the side of the guest house. PRICE £1,500,000 Freehold RATES The Valuation Office Agency website lists the unit as having a rateable value of £18,250. VAT All rents, prices and premiums are stated exclusive of VAT under the Finance Act 1989. Accordingly, interested parties are advised to consult their professional advisers as to their liabilities, if any, in this direction. LEGAL COSTS Each party to be responsible for their own legal costs in the transaction. EPC An EPC is available for this property. The property has a rating of B (47).
VIEWING Strictly by prior appointment only through sole agents:
ROBINSONS with Martin-Brown 01737 229200 www.robinsonsmb.com
10 Bedroom Guest house business for sale suitable for Office/Medical uses S.T.P.P.
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. Internally it retains some of the bank fittings but offers enormous scope for conversion to alternative uses, STPP. The ground floor is currently let at a rent of £32,000 pa but the tenants have exercised a break option effective from 15 May 2018. 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 for the freehold interest in the property, subject to the occupational leases.
Freehold investment/development opportunity - former HSBC Bank with first floor offices
Type: Retail, Offices, Office, Retail - High Street, Mixed Use, Other Property Types & Opportunities
77, Victoria Road, Horley, RH6 7QHGBHorleySurreyRH6 7QHVictoria Road