An opportunity to acquire a rare vacant freehold two storey property in the heart of Arundel.
This end of terrace characteristic property is accessed via pedestrian entrance leading to an open plan retail area benefitting from carpeting, spot lighting, ample electrical points, electric heating and single glazed windows. Internal stairs lead to a first floor level where there is further retail / storage space alongside a well designed kitchen and WC.
This is seen as a superb opportunity for an owner occupier or investor to purchase a vacant freehold building in the heart of Arundel and viewing is therefore highly recommended.
Location
The historic and beautiful town of Arundel is built around the famous norman castle and catholic cathedral and is situated on the edge of the South Downs National Park. Arundel is a popular tourist location visited by thousands of people from the UK and around the world. Arundel is situated approximately 9.5 miles northwest of the popular seaside town of Worthing and 12 miles east of the cathedral city of Chichester. Arundel enjoys good road access via both A27 & A259 trunk roads whilst the mainline railway station with its regular services along the southcoast and north to London is approximately 1 mile from the subject property. Tarrant Street, where this property is situated is accessed off the main High Street and is a charming street filled with independent retailers and eateries at one end with residential houses and flats at the other.
Accommodation
Ground Floor Retail Area - 226 sq ft
First Floor Ancillary Storage & WC - 175 sq ft
TOTAL - 401 sq ft
Terms
The property is available freehold with full vacant possession upon completion.
Business Rates - According to the VOA (Valuation Office Agency) the property has a rateable value of £9,100. Interested parties are asked to contact Arun District Council to confirm what relief may be applicable to any potential Tenants etc.
Guide Price - OIEO £235,000 (Two Hundred & Thirty Five Thousand Pounds)
VAT – Not to be charged on the purchase price
Legal Costs – Each party to pay their own
EPC – C(60)
Specification
- Situated in Popular & Historic Town of Arundel, West Sussex
- Situated Close to Arundel Castle, Cathedral & Cricket Ground
- Freehold with Full Vacant Possession
- Suit Owner Occupier or Investor
- Potential To Produce £14,000 - £15,000 Per Annum Exclusive
- Viewing Highly Recommended