From
£275,000
Property for salePetworth GU28
About this property
To be offered on Wednesday 16 September
A freehold former bank building over four floors
Part 1st & 2nd floor comprise of a flat (sold off on long lease)
Amounting to an approx. 1,744 sq ft
Asset management potential to let the property out in its current use
Development potential to be converted into alternative uses or a number of dwellings (subject to the requisite consents)
Atm let on a 5 year lease (expiry December 2027) let at £5,000 p.a.
Vacant (apart from the atm machine)
Auction Sale - 15/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A freehold former bank building situated across 4 floors (part of the 1st and 2nd floor comprise of a self contained flat that has been sold off on a long lease)
The building amounts to an approx. 1,744 sq ft and offer asset management potential in tis current use or development potential to be converted into multiple dwellings (subject to the requisite consents)
Description
Click here for the virtual tour
A Grade II listed former bank building. The property is situated over 3 floors (Basement, Ground and 2 upper floors) There is a flat at part 1st and 2nd floor that has been sold off on a long lease.
The property can be accessed both at the front and rear.
The property offer asset management potential in its current use and/or development potential to be converted into a number of dwellings (subject to the requisite consents)
Location
The property occupies a prominent position in Petworth town centre, fronting Market Square within this attractive and affluent West Sussex market town, renowned for its independent retailers, restaurants and historic character.
Transport
Petworth benefits from good road connections via the A272 and A283, with Pulborough railway station approximately 4 miles south, providing direct services to London Victoria and the South Coast.
Tenancy
Atm Space
- Let to NatWest plc
- Let on a 5 year lease from December 2022 (Expiry December 2027)
- Investment let at £5,000 p.a.
Accommodation
Please refer to floor plan
An approx. 1,744 sq ft
Mortgage calculator
£1,375 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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