41-43 West St 10,830 SF 100% Leased Retail Building Horsham RH12 1PP $2,344,116 ($216.45/SF) 8.61% Cap Rate

41-43 West Street presents an opportunity to acquire a freehold retail investment in the centre of Horsham, one of Sussex's most affluent and established market towns. Positioned on West Street, the town's principal retail thoroughfare, the property benefits from direct proximity to Swan Walk Shopping Centre and sits among a wide range of national retailers, restaurants, service providers, and independent businesses. Horsham serves a substantial catchment population and benefits from strong connectivity to London, Brighton, Crawley, the M23, M25, and Gatwick Airport, supporting sustained retail demand from both local residents and visitors.
The property comprises three retail units arranged across ground and first floors and is fully let to Mountain Warehouse Limited, The Sweet Shack Limited (trading as Mr Simms Sweet Shop), and Sriram Khosti. Mountain Warehouse occupies the majority of the accommodation and has recently committed to a new lease, providing evidence of continued commitment to the location. The asset currently produces a combined rental income of £160,000 per annum and offers a weighted average unexpired lease term of approximately 6.98 years to expiry.
Horsham continues to attract a diverse occupier base, supported by an affluent demographic profile, an established retail environment, and a compact town centre anchored by Swan Walk Shopping Centre. The property's prominent position along the town's primary shopping route provides strong visibility and accessibility while benefiting from nearby national retailers, public transport connections, and a well-established local consumer base.