CB Richard Ellis appoint by Co-Op to sell Hordean Store

CB Richard Ellis has been appointed by Southern Co-Operative Limited to dispose of its freehold interest in 12 Portsmouth Road, Horndean. The shop unit, which is currently vacant, was previously occupied by the Co-Op and has a retail area of 1477 sq ft.

The unit also benefits from a two-storey store/office to the rear with an associated yard and customer parking. The site has development potential (subject to planning) and is located adjacent to the Fuller’s Brewery Site that has already been earmarked for substantial redevelopment.

Commenting on the instruction, Senior Survey Emma Lockey says:
“Hordean will undergo a major transformation over the next few years and this is an ideal location which would benefit substantially from form part of the town’s regeneration.”

Offers are invited in excess of £220,000.