The property is a three storey brick and slate end terrace building of the late Victorian era, comprising a ground floor shop with basement and three upper floors providing 3x two bed flats (brand new).
Access to the flats is from a separate entrance.
There is an area of parking for two cars located towards the side.
Let to Home Care & Rehab Ltd for 10 years from 15th March 2021 on a FR&I lease for £15,000 p.a.
Tenant only breaks are: March 2026 and March 2028
5 yearly rent reviews in place
The 3 flats are currently vacant and have an individual ERV of £16,000 p.a (Total is £48,000 p.a.)
Location Description
The property adjoins the main Brighton to London railway line, with the station only a 10 minute walk. Redhill Railway station has direct access to London Bridge in 31 minutes, Gatwick Airport in 8 minutes and Brighton in 41 minutes.
The property fronts the A23 Brighton Road and is a few hundred meters walk to the South of the town’s shopping precincts (Belfry and Warwick Quadrant).
It is opposite a Ford garage and surrounding properties are a mixture of shops, offices and residential streets.