Horsham is an attractive and affluent town in West Sussex.
West Street is the 100% prime pedestrianized retail street.
Adjoining the Swan Walk shopping centre now owned by Cube RE.
Located close to public car parks of c.900 spaces and c.470 spaces.
Both The White Company and Card Factory are on FRI leases.
Both tenants are rated 100/100 Very Low Risk.
Income secured to at least May 2030.
Total income of £170,750 per annum.
Layout amenable to residential conversion and vertical extension.
OIRO £2,140,000 / 7.51%
West Street has established itself as the prime retail pedestrianised street, with recent lettings to Tesco, Hotel Chocolat, The White Company, Brook Taverner and Trading Post Coffee Roasters, and is further supported by John Lewis/Waitrose and Sainsbury's nearby. Horsham District Council recently relocated their premises close by along with a sizeable number of staff, increasing footfall in the area.
Swan Walk Shopping Centre, with its main entrance directly onto West Street close to the property, is owned by Cube RE and offers a strong mix of national and independent retailers, together with a vibrant leisure and F&B offering, and a multi-storey car park.
The property location is inside the BID area: Your Horsham | Horsham Business Improvement District
Horsham is a highly affluent and well-connected South East market town, benefiting from strong links to London, Gatwick and the south coast.
The County Council and District Council are in the process of drawing up the Horsham Growth Deal to support new homes, jobs, the commercial sector and transport links. A stated priority is to promote and sustain Horsham Town Centre, which has West Street at its heart. See the link: Horsham Growth Deal
Piries Place has recently delivered a £35m mixed-use scheme in the town centre including a cinema, hotel, restaurants, offices and retail units. Significant residential growth, including the North Horsham (Northern Arc) scheme (c.2,750 homes), reinforces Horsham's position as a key regional retail centre
Horsham is an attractive and affluent town in West Sussex.
West Street is the 100% prime pedestrianized retail street.
Adjoining the Swan Walk shopping centre now owned by Cube RE.
Located close to public car parks of c.900 spaces and c.470 spaces.
Both The White Company and Card Factory are on FRI leases.
Both tenants are rated 100/100 Very Low Risk.
Total income of £170,750 per annum. Income secured to at least May 2030.
Layout amenable to residential conversion and vertical extension.
OIRO £2,140,000 / 7.51%