Express Interest in this Property

Shop & 3 flats, Redhill

3 Brighton Rd, Redhill RH1 6TW, UK

Basic Facts

Property ID: 13200 Post Updated: 2023-08-17 12:45:06
Status: Type:
Tenure: Freehold Area: 2595 sq ft
Gross Rent: £ 63,000 Lease Term: 10 years from Mar '21
Lease Term Expiry Date: 15/03/31 Years left on Lease: 6.8
VAT applicable: No

Property Description

  • Freehold Mixed Development investment.
  • 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.


£500k - £1m
Attractive property
Tenant Multiple

View on Map

Current Opportunities

Current Opportunity

Dry Cleaners and Flat, Sutton

48 Eastwood Road, Rayleigh, Essex SS6 7JQ, UK View on map
Gross Yield % 7.6
1456 sq ft
£ 425,000
Current Opportunity

Vacant Shop and Flat, Rayleigh

2 Cheam Rd, Sutton SM1 1SR, UK View on map
1575 sq ft
£ 425,000
Current Opportunity

Consented Development of 4 flats, Wandsworth

The Gardeners, Merton Road, London, UK View on map
2065 sq ft
£ 900,000
Current Opportunity

Retail & HMO, Southall

2-6 The Broadway, Southall, UK View on map
6701 sq ft
Call for price
Current Opportunity

Tesco Express, Twickenham

246 Powder Mill Lane, Hounslow, UK View on map
Gross Yield % 5.5
4157 sq ft
£ 2,300,000
Current Opportunity

Tesco, Shepherds Bush

Tesco Express, 31 Uxbridge Rd, London W12 8LH, UK View on map
Gross Yield % 5.5
3800 sq ft
£ 2,200,000
Current Opportunity

Vacant Retail Unit, Wokingham

1 Beechey Place, Wokingham, UK View on map
2530 sq ft
£ 600,000
Current Opportunity

Bathroom Shop & 8 Flats, Kenton

142-144 Kenton Rd, Harrow HA3 8AZ, UK View on map
8302 sq ft
£ 2,500,000

Specsavers, Savers & Comfort Sofa’s

66 Boothferry Rd, Goole DN14 5BT, UK View on map
Gross Yield % 7.9
7586 sq ft
£ 650,000
Current Opportunity

Co-op Food, Bermondsey

Crimscott St, London SE1 5TE, UK View on map
5326 sq ft
£ 2,450,000

Iceland, Houghton-Le-Spring

15 Newbottle St, Houghton le Spring DH4 4AP, UK View on map
1292.70 sq ft
£ 1,300,000
Current Opportunity

Shop & 3 flats, Redhill

3 Brighton Rd, Redhill RH1 6TW, UK View on map
2595 sq ft
£ 950,000

Nail Salon, Stanmore, Greater London

7A The Broadway, Stanmore HA7 4DA, UK View on map
Gross Yield % 5
692 sq ft
£ 425,000
4992 sq ft
£ 3,800,000

Bodycare, West Bromwich

19 St James Pl, Mangotsfield, Bristol BS16 9JB, UK View on map
3713 sq ft
Current Opportunity

Co-op Food & Flat, Salisbury

10 Kelsey Road, Salisbury, Wiltshire SP1 1JP View on map
Gross Yield % 7
2398 sq ft
£ 375,000
High Yield

Mixed Parade (Card Factory, Greggs & Restaurant), Boscombe

617 Christchurch Rd, Boscombe, Bournemouth BH1 4AP, UK View on map
£ 875,000
Current Opportunity

Victorian Shopping Arcade, Walsall

11 Lower Hall Ln, Walsall WS1 1RL, UK View on map
Gross Yield % 12.2
35724 sq ft
Call for price

Supermarket & 2 Flats, Boscombe

544 Christchurch Rd, Boscombe, Bournemouth BH1 4BE, UK View on map