Property for sale in Tarrant Square, Tarrant Street, Arundel BN18

Commercial and Residential Property | Ground Floor Retail Unit | 2 Storey Maisonette | Gas Fired Central Heating | Many Original Features | Bright & Spacious Sitting Room | Two Double Bedrooms | Fitted Kitchen | Bathroom/WC | Town Centre Location | Rare Investment Opportunity

A rare opportunity to acquire a mixed residential and commercial investment in this prominent position in the heart of the important historic town of Arundel.

Th property is offered for sale on the remainder of a long 999-year lease with approximately 954 years to run. On the ground floor, there is a lock up shop and above that is a two-storey maisonette, comprising sitting room, fitted kitchen, two double bedrooms and bathroom.

The property extends to approximately 1150 sq.ft and at the time of marketing is fully let, producing a combined rental income of £27,550. With pending revision, a projected rent of £29,250 is expected from September 2025.

Location
The premises are located in a prominent and central position along Tarrant Street within less than 100 yards of the High Street. Very much the hub of the town, the property is surrounded by a range of independent retail traders, restaurants and local businesses.
The town of Arundel synonymous with its castle and cathedral boasts a 1000 years of history and enjoys an all year round tourist trade with independent shops, contemporary art galleries, restaurants and cafes. A mainline railway station offers easy access to London and the A27 and A29 provide for easy commuting by road.

EPC Ratings:
Residential - E
Commercial - C

Council Tax Band – Residential C
Rateable Value – Commercial - £9,300

Agents Note
We are advised by the vendor that the lease for the property is held by a Limited Company, and their preferred method of sale is to dispose of the shares to the Company.