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: 7.3
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

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Newly Refurbished Warehouse & Offices, Sutton

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Boots & Flat, Chingford, Greater London

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1292.70 sq ft
£ 1,300,000
Current Opportunity

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Nail Salon, Stanmore, Greater London

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