A rare opportunity to occupy a fully furnished leisure / hospitality property. Located in the heart of West Sussex, The Town House oers a charming and historic venue, ideal for those seeking a distinctive location with great potential. This beautifully appointed property features elegant rooms and a welcoming bar and restaurant area. With its classic design and modern amenities, it’s an ideal opportunity for hospitality entrepreneurs. The hotel’s central position ensures excellent connectivity, making it a prime choice for both leisure and business clientele.
The property has the following key features:
- Fully furnished opportunity in Central Arundel
- Located opposite Arundel Castle
- 4 Spacious double bedrooms and en suites
- Fitted “ready to cook” kitchen facilities
- Historic features throughout
- Grade II listed Georgian Townhouse
- Elegant bar and dining area
- Self-contained top floor accommodation providing
- 2 further double bedrooms & shared WC
- Large basement areas
Location
The historic town of Arundel with its castle and cathedral boasts well over 1000 years of history and enjoys an all year round tourist trade with a mixture of independent shops, contemporary art galleries, local and national restaurants and cafes. Arundel mainline railway station offers easy access to London and along the east and west coast whilst both the A27 and A29 trunk roads provides easy commuting. The cathedral city of Chichester is approximately 10 miles to the west, the town of Worthing and its popular seaside is 9 miles to the south and the city of Brighton and Hove approximately 20 miles to the east. The subject property is located along the main High Street close to the junction with Tarrant Street.
Accommodation
The property has the following approximate floor areas:
Basement - 603 sq ft
Ground Floor - 525 sq ft
First Floor - 431 sq ft
Second Floor - 431 sq ft
Third Floor - 431 sq ft
TOTAL AREA - 2,422 sq ft
Terms
Terms - New FRI lease available by way of negotiation. The Landlord might consider a sale of the freehold interest of the property.
Rent & VAT - £50,000 (Fifty Thousand Pounds)
VAT is to be charged on the qupting terms
Planning & Licences - Established use of restaurant / bar on the ground and basement floors with hotel / B&B accommodation above.
The property benefits from an existing premises licence to provide food and alcohol which can be transferred to any incoming occupier. This is available subject to formal request.
Business Rates - According to the VOA (Valuation Office Agency) the property has a rateable value of £28,000. Interested parties are asked to make their own enquiries with the local authority.
Legal Costs - Each party to pay their own costs involved in this transaction.
Specification
- Rare Opportunity in Picturesque Arundel, West Sussex
- Grade II Listed 5 Storey Building in Main High Street
- Suit Variety of Occupiers (stpc)
- Fitted To A Superb Standard Throughout
- New Lease Terms Available
- Viewing Highly Recommended