15 New St 631 sq ft Retail Property Petworth GU28 0AS £200,000 (£316.96/sq ft) 7% Net Initial Yield

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.