£400,000

Retail premises for sale

  1.  Front Elevation
  2.  Gallery
  3.  Gallery
Freehold

Guide price

£400,000

Retail premises for sale

Market Square, Petworth GU28

Local area information

Property location

Nearby amenities

  • Petworth Cof E Primary School 0.4 miles
  • Fittleworth CofE Village School 2.7 miles
  • Pulborough 4.6 miles
  • Amberley 6.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Rare freehold retail investment
  • Lovely Grade II listed building
  • Town centre location
  • Class 'E'
  • 77.1 sq m / 829 sq ft in all
A rare investment opportunity. A retail unit, situated in a lovely Grade II listed building, in a prominent position in the main Market Square in Petworth. Currently let and occupied by a Fine Art Dealer.
Description

A very rare retail unit, situated in a prominent position in the main Market Square in Petworth. Being offered as an investment as the property is currently occupied by the Fine Art Dealers, Rountree Tryon, who specialise in maritime, wildlife, sporting and topographical art.
Location

The ground floor shop located in Market Square, a prominent position in central Petworth and within the central retail area of the town which is characterised by many art galleries, antique dealers and independent retailers. Petworth is an historic market town located 14 miles north of Chichester and 22 miles south of Guildford at the junction of the A272 and A283. The town caters for a significant number of tourists who visit Petworth House, as well as the nearby South Downs. The neighbouring towns of Midhurst (6 miles), with its world renowned Cowdray Park Polo ground, and Chichester, with its popular Festival Theatre, both provide a draw to this attractive part of West Sussex. Pulborough mainline station (6 miles) offers a service to Gatwick, London Bridge and Victoria (70 mins) and along the coast.
Use

We understand the current use is Class ’E’ retail.
Current lease

The shop is currently let to Rountree Tryon Gallery on term of 5 years which commenced on 17th October 2021 and expires on 16th October 2026. Please contact the agent for more information.
Business rates

The current rateable value is £14,000, the gross amount payable for 2024/25 is £6,483.88. The property may be eligible for small business rates relief. We recommend all intending purchasers should make their own enquiries to Chichester District Council.
Services

Mains electricity, water and drainage are connected
Energy performance certificate

The property has been given a rating of D (97).
Legal costs

Each Party to pay their legal costs, incurred in the transaction.
Viewing arrangements

Strictly by appointment with the sole agent
rh & rw Clutton

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - RH & RW Clutton. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact RH & RW Clutton for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Sussex
  4. Petworth
  5. Market Square