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Lot 9 Sold: £62,000

Auction: Tuesday 29th October 2019

21 Church Street, Storrington, West Sussex RH20 4LA

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Lot 9

6 Week Completion

Situation

Located directly off West Street and the High Street amongst a host of local traders all serving the surrounding residential area.
Storrington is an attractive and affluent village located on the main A283 between Pulborough and Washington within easy reach of the A24, approximately 8 miles north of Worthing.

Property

Forming part of a detached building comprising a Ground Floor Shop.

Accommodation

Ground Floor Shop
Gross Frontage 16'1”
Internal Width 15'4”
Shop Depth 14'3”

VAT is NOT applicable to this Lot

FREEHOLD

Tenancy

The property is let on a full repairing and insuring lease to D. A. Peck as a Barbers for a term of 10 years from 1st January 2019 (renewal of a previous lease) at a current rent of £4,800 per annum exclusive.

Rent Reviews 2022 and 3 yearly

Note: The first floor is not included with the property as it is a flying freehold that forms part of the adjoining property to the rear.

Enquire about this lot:

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

Photo of Jonathan Ross

Jonathan Ross
020 8492 9449
jross@barnettross.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.