9 West St 2,636 SF Retail Building Horsham RH12 1PB $1,400,079 ($531.14/SF) 7.04% Cap Rate

This freehold retail investment offers a secure, long-term income in the heart of one of Sussex’s most affluent market towns. Located on the southern side of West Street, Horsham’s prime pedestrianised retail thoroughfare, the property is directly opposite the main entrance to Swan Walk Shopping Centre. The immediate area benefits from strong footfall and an attractive blend of national and local retailers, including Oliver Bonas, Costa, Pret, and The White Company.
The entire property is let to The Works Stores Limited on a lease expiring 31 August 2031, producing £79,000 per annum. Offers are invited in excess of £1,060,000, reflecting a net initial yield of 7.04% after purchaser costs of 5.81%. The Works is a well-established, nationwide retailer with over 500 stores in the UK, offering affordable stationery, books, toys, and crafts.
Horsham’s excellent connectivity further enhances this investment. London can be reached in under an hour by train, while Gatwick Airport is only 14 miles away. With a residential catchment population of 387,000 and a highly affluent demographic, Horsham retains a dominant retail market share of over 83.7% within its region.