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.)
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.
Prideview Group has been at the forefront of commercial property investment services since 1985. For more than 35 years, we’ve been the premier choice for clients seeking expertise on the Acquisition, Management and Sale of quality commercial
Prideview Group has been at the forefront of commercial property investment services since 1985.