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Commercial properties for sale in Horley, Surrey

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For Sale£695,000.00
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 for the freehold interest in the property, subject to the occupational lease of the first floor.
Freehold investment/development opportunity - former HSBC Bank with first floor offices
Type: Retail, Offices, Office
Location: 77 Victoria Road, RH6 7QH
Size: 2857 Sq Ft
Images: 8
View Property
For Sale£695,000.00
LOCATION
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.
DESCRIPTION
The premises comprise separate ground and first floor units. The ground floor was most recently occupied as a branch of HSBC bank but is now offered with vacant possession. This has the potential to be divided into two self contained units STPP. Guide rent for the ground floor as one unit is £29,500pax.

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.

The property has 6 parking spaces demised to the ground floor unit and 2 demised to the first floor offices.

Approx. dimensions as follows: -

Ground floor retail 1987 sq ft (184.66m2)
First Floor offices 870 sq ft (80.80m2)

Approx total internal area: 2857 sq ft (265.46m2)
SALE PRICE
£695,000 for the Freehold interest.
TENURE
Freehold subject to the occupational lease of the first floor offices and vacant possession of the ground floor unit.
RATES
The Valuation Office Agency website lists the ground floor unit as having a rateable value of £30,250 and the first floor £9,800.
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 E (115).

VIEWING
Strictly by prior appointment only through joint sole agents:

ROBINSONS with Martin-Brown
01737 229200
www.robinsonsmb.com

Oldfield Smith
01825 762222
www.oldfield-smith.co.uk
Freehold investment For Sale
Type: Retail, Offices, Office
Location: 77 Victoria Road, RH6 7QH
Size: 2857 Sq Ft
Images: 1
View Property
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