£130,000

Property for sale

  1.  Unit 3, Station Road And 6 Old Station Close, Crawley Down, Crawley, West Sussex, Rh10 4Hz
  2.  Unit 3, Station Road And 6 Old Station Close, Crawley Down, Crawley, West Sussex, Rh10 4Hz
  3.  Unit 3, Station Road And 6 Old Station Close, Crawley Down, Crawley, West Sussex, Rh10 4Hz
  4.  Unit 3, Station Road And 6 Old Station Close, Crawley Down, Crawley, West Sussex, Rh10 4Hz
Just added
Auction

From

£130,000

Property for sale

Station Road, Crawley Down, Crawley RH10

Local area information

Property location

Nearby amenities

  • Crawley Down Village CofE 0.3 miles
  • Turners Hill CofE Primary School 1.3 miles
  • East Grinstead 2.6 miles
  • Three Bridges 3.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • High Yielding Mixed Use Investment
  • Same Ownership for 15+ Years
  • Ground Floor Retail Unit and Upper Parts
  • Let to Private Individuals t/a Village Brew Coffee Shop
  • 10 Year Lease Expiring 11.03.2031
  • 2026 Break Option Not Exercised
  • Asset Management Potential Via Outstanding Rent Review
  • Upper Parts Sold Long Leasehold
  • Includes Rear Storage Let to Morrisons
  • Three Parking spaces with rear yard area with further potential (subject to requisite consents)
  • Prominent Corner Pitch
  • VAT-Free Investment
  • Investment Let at £13,900 p.a. (10.69% giy on Guide Price)
Strapline

Auction Sale - 27/01/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -

Mixed-Use Retail opportunity comprising a ground floor retail unit and Two Bedroom self-contained flat (sold off on lease) to the upper parts with the additional benefit of three parking spaces with further potential (subject to requisite consents), well located for the Shopping and Recreational amenities of Crawley Down and Crawley- Investment let at £13,900.00 per annum

Description

The property comprises a high yielding, mixed-use, investment occupying a prominent corner pitch and benefitting from asset management potential.

Arranged as a ground floor retail unit with a flat to the first floor and a rear storage container, the property is fully let to three tenants and producing a total rent of £13,900 per annum.

The ground floor is let to Private Individuals t/a Village Brew Coffee Shop on a 10 year lease expiring 11.03.2031 and paying £13,000 per annum.

We consider the property benefits from asset management potential via the outstanding 2023 rent review and the upcoming 2026 rent review, with both presenting an opportunity to improve rents. The tenant did not exercise their 2026 break option, displaying confidence in the location.

The upper parts are sold off on a long leasehold basis, expiring 23.06.2137 and paying a ground rent of £300 per annum, doubling every 25 years.

The property also includes a rear storage container, which is let on a license to Alliance Property Holdings Limited (t/a Morrisons) producing £600 per annum.

Location

Located near to the junction of Station Road and and Old Station Close

Shopping facilities can be found nearby in Crawley Down and to a further extent in the centres of Crawley and East Grinstead

The surrounding countryside provides a range of Recreational amenities to the area

Transport

National Rail - Crawley, East Grinstead

Tenancy

The ground floor is let to Private Individuals t/a Village Brew Coffee Shop on a 10 year lease expiring 11.03.2031 and paying £13,000 per annum.

The lease is on full repairing and insuring terms and includes an upward only, open market, rent review 12.03.2026. The tenant also did not exercise their 2026 break option, displaying confidence in the location.

The upper parts are sold off on a long leasehold basis, expiring 23.06.2137 and paying a ground rent of £300 per annum, doubling every 25 years.

The property includes a rear storage container, which is let on a license to Alliance Property Holdings Limited (t/a Morrisons) producing £600 per annum.

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Savills - National Auctions. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Savills - National Auctions for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Sussex
  4. Crawley
  5. Crawley Down
  6. Station Road