Picture No. 16

House For Sale £525,000
Petworth, West Sussex


Description
NO ONWARD CHAIN. A prominent Grade II listed building comprising a ground floor shop, upper 3 bedroom maisonette with parking and garaging, with further planning potential (subject to consents). Located in a central position in the historic town of Petworth.

SITUATION
Petworth is an historic market town located 14 miles north of Chichester and 22 miles south of Guildford at the junction of the A272 and A283. The town caters for a significant number of tourists who visit Petworth House, as well as the nearby South Downs. The neighbouring towns of Midhurst (6 miles), with its world renowned Cowdray Park Polo ground, and Chichester, with its popular Festival Theatre, both provide a draw to this attractive part of West Sussex. Pulborough mainline station (6 miles) offers a service to Gatwick, London Bridge and Victoria (70 mins) and along the coast.

6 Pound Street is situated on the A272 between Pound Street’s junction with Tillington Road to the south and Saddler’s Row/Park Road to the north. The property is within the central retail area of Petworth supported by the town’s main car park nearby. Petworth’s retail scene is characterised by many art galleries, antique dealers, and independent retailers.

DESCRIPTION
6 Pound Street is a substantial and attractive Grade II listed attached building which probably dates from at least the eighteenth century. The property has recently undergone extensive refurbishment and is currently arranged as a double fronted shop on the ground floor with two upper floors of residential arranged as a maisonette that includes a spacious sitting room/kitchen, and 3 bedrooms, each with an en suite bathroom. Until recently the property was in single occupation but it has the potential to divide to provide a retail unit with an independently accessed maisonette above, subject to all necessary consents

Externally, a vehicular accessway leads off Pound Street to a tarmac yard able to accommodate parking for approximately four vehicles. At the rear of the site is a free-standing outbuilding providing three partitioned stores or garaging. The outbuilding offers useful storage space, alternatively it could provide the opportunity for the development of a replacement building for a small scale commercial or residential use subject to all the necessary consents. Overall floor area 2,025 sq ft (188.20 sq m). The property occupies a site of 0.026 ha or 0.064 acres.

ENERGY PERFORMANCE CERTIFICATES
Enquire of the selling agent.

TENURE
Freehold - The property is held under two titles. The yard and accessway have rights of access in favour of Pound Place and Cornerstone Cottage, two residential properties situated to the rear, and also the commercial property immediately to the north. 6 Pound Street is offered with vacant possession.

PLANNING
The property is located within Petworth’s Conservation Area and is Grade II listed. The retail use fell in former class A5 but has potential for alternative uses in class “E”. The upper two floors have an established C3 residential use.

The vendors have recently appled for Listed Building Consent for various recent alterations, reference, 23/01753/LIS. Enquiries to Chichester District Council on[use Contact Agent Button].

BUSINESS RATES & COUNCIL TAX
The shop may be eligible for small business rates relief. The maisonette, known as School View, is in council tax band “B” currently £1,686.10 (2023/2024)

TERMS
Guide price £525,000 for the freehold, subject to contract.

SERVICES
Mains electricity, water, gas and drainage are connected. A gas boiler in the maisonette provides heating and hot water.

VIEWING
For viewing and further information please contact the selling agent RH & RW Clutton[use Contact Agent Button]


Follow the link for more information:
        
onthemarket.com

  
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