Property photos
Offers over
£400,000
(£352.37/sq. ft)
Retail premises for sale
Station Road, Redhill RH11,135 sq. ft
Local area information
Property location
Nearby amenities
- Redhill 0.1 miles
- St Matthew's CofE Primary School 0.3 miles
- St Joseph's Catholic Primary School, Redhill 0.3 miles
- Earlswood (Surrey) 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Rarely available prime freehold investment opportunity
- Ground floor retail lease renewed on a straight 5-year term from July 2024
- Affluent Surrey commuter market town
- Prime pedestrianised retail pitch
- Two residential flats sold off on 125 year leases from April 2015
- Total annual income of £33,500
The property comprises amid-terrace part three storey, part tow storey and part single storey mixed use building of traditional brick construction. The property sits beneath a pitched and tiled roof and has painted rendered elevations and timber sash windows. The first and second floors of the front three storey section of the building are configured as two residential flats.
The ground floor retail unit, currently let to Sequence (UK) Limited (t/a Barnard Marcus), is mainly open plan with two partitioned offices, a staff area, kitchen and staff W/C facilities located towards the rear of the property.
The remaining elements of the first and second floors comprise two residential flats that are sold off on long leases. The two residential flats are accessed externally to the rear of the property via external metal staircases in a shared yard, which is accessed via a secure gate to a rear passage providing access to and from Station Road via Warwick Quadrant
The ground floor retail unit, currently let to Sequence (UK) Limited (t/a Barnard Marcus), is mainly open plan with two partitioned offices, a staff area, kitchen and staff W/C facilities located towards the rear of the property.
The remaining elements of the first and second floors comprise two residential flats that are sold off on long leases. The two residential flats are accessed externally to the rear of the property via external metal staircases in a shared yard, which is accessed via a secure gate to a rear passage providing access to and from Station Road via Warwick Quadrant
More information
Listed by
Boddy & Edwards
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