Lot 1 details
6 week completion
Located close to the junction with Lumley Road within this established local shopping position, diagonally opposite a Tesco Express and nearby a Coral, on the main A23 from London to Brighton, being approx. ½ mile from Horley town centre and 1½ miles from Gatwick Airport.
Horley lies some 25 miles south of London and just 2 miles from the M23 (Junction 9) which links with the M25.
A mid terraced building comprising a Ground Floor Shop with separate rear entrance to a Self-Contained Flat on the first and second floors. In addition, the property includes a Garage accessed from a rear service road.
Ground Floor Shop
Gross Frontage 18'1”
Internal Width 16'8”
Shop & Built Depth 28'4”
First & Second Floor Flat
4 Rooms, Kitchen, Bathroom/WC
VAT is NOT applicable to this Lot
The entire property is let on a full repairing and insuring lease to Ms J. Walder as a Hairdresser for a term of 10 years from 6th December 2011 at a current rent of £12,250 per annum exclusive.
Rent Review December 2016 - Landlord has quoted £16,500 p.a.