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Property for sale Tarrant Square, Arundel

Asking price

£500,000

Added two days ago

Tenure: Freehold

About this property

This commercial property dates back to the 16th Century. In Victorian times it was a candle factory, then in the 1980s it served as tea rooms. The property underwent extensive refurbishment in 2007 and 2010 and was used as an art gallery, and more recently a play centre and coffee shop.

Floorplan

Council tax

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Location

Tarrant Square, Arundel

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Mortgage and stamp duty

Property price £500,000

£250k £750k

Deposit10% £50,000

£0 £500k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £450,000 mortgage. Most lenders would want a household income of about £100,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.