Log In/Sign Up
Your email has been sent.
15 New St 631 SF Retail Building Petworth GU28 0AS $368,253 CAD ($583.60 CAD/SF) 7% Cap Rate
Investment Highlights
- Prominent position on New Street
- Gatwick Airport and central London are both accessible within approximately one hour’s drive
- Neighboured by town centre amenities
- Petworth lies on the A272, providing direct links to Midhurst, Billingshurst and Haywards Heath
Executive Summary
The property comprises two single-storey attached buildings, connected by a small central courtyard. Together they provide a mix of retail and office accommodation.
The property is let to RH & RW Clutton LLP by way of a full repairing and insuring lease at a rent of £14,000 per annum. The present lease is due to expire in June 2026, however it is understood the tenant wishes to renew. Further details are available upon request.
Eastern Building (Retail Unit)
The Eastern Building fronts New Street and is currently arranged as a sales office. This unit benefits from an attractive glazed shopfront, offering strong visibility and display potential, while creating an inviting presence on one of Petworth’s picturesque streets.
Western Building (Office & Ancillary Accommodation)
Accessed via the central courtyard, the Western Building provides additional office and staff facilities. The interior features a vaulted ceiling with exposed beams and track-mounted spotlights. The office area is carpeted, with polished concrete finishes to the kitchen and WC.
Beneath this building lies a useful basement storage area, open-fronted and arch-shaped, accessed via a set of steps from the courtyard.
The property is let to RH & RW Clutton LLP by way of a full repairing and insuring lease at a rent of £14,000 per annum. The present lease is due to expire in June 2026, however it is understood the tenant wishes to renew. Further details are available upon request.
Eastern Building (Retail Unit)
The Eastern Building fronts New Street and is currently arranged as a sales office. This unit benefits from an attractive glazed shopfront, offering strong visibility and display potential, while creating an inviting presence on one of Petworth’s picturesque streets.
Western Building (Office & Ancillary Accommodation)
Accessed via the central courtyard, the Western Building provides additional office and staff facilities. The interior features a vaulted ceiling with exposed beams and track-mounted spotlights. The office area is carpeted, with polished concrete finishes to the kitchen and WC.
Beneath this building lies a useful basement storage area, open-fronted and arch-shaped, accessed via a set of steps from the courtyard.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
631 SF
Building Class
C
Year Built
1970
Price
$368,253 CAD
Price Per SF
$583.60 CAD
Cap Rate
7%
NOI
$25,778 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.63
Lot Size
0.02 AC
Amenities
- Courtyard
- Signage
1 1
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
15 New St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.