79 Horley Road
South Earlswood
Redhill
RH1 5AS
RETAIL/ OFFICE WITH REAR ACCESS AND GARAGE INVESTMENT FREEHOLD
587 sq ft
Investment
£325,000
Key Features
- Freehold retail / office investment with rear access and garage
- Established location on A23 close to Redhill & Gatwick
- Shop and office let to an individual for 12 months at £15,600
- Double Garage and Rear Yard are vacant
- Rear access via Prince Albert Square
- Freehold price £325,000 (subject to contract)
Tenancy
Freehold Investment
Description
Situated in a well-established local parade with layby parking. The ground and first floors are currently let to a counselling / psychologist practice. The accommodation has been fitted out to a high standard and provides a front retail area, two further consulting rooms and a kitchen on the ground floor with three further rooms on the first floor. There is also a separate side entrance which could enable the first floor to be self-contained. There are toilets on both the ground and upper floors.
The double garage and yard at the rear will be sold with vacant possession and benefit from direct vehicular access from the rear.
Accommodation
| Address | Accommodation | Tenant | Term | Term | Rent (PA) | Repair & Insurance | Other |
|---|---|---|---|---|---|---|---|
| Gross Internal Area (GIA) | Start | Expiry | |||||
| 79 Horley Road (Excluding Garage and Yard) | Retail / Consulting Rooms Ground Floor - 588 sq.ft (GIA) First Floor – 573 sq.ft (GIA) | Individual (Counsellor & Psychologist | 01/09/2024 | 31/08/2025 | £15,600 | Full repairing & Insuring | Lease outside the landlord & Tenant Act 1954 |
| Garage and yard space | Garage 362 sq.ft Yard 372 | Vacant | Vacant | N/A | N/A | N/A | To be sold with vacant possession |
Location
The premises occupy a well-established retail location on the A23 just to the South of Redhill and close to Gatwick Airport. The parade is opposite McDonalds.
Redhill benefits from excellent road and rail connections. Salfords and Redhill Mainline Train Station are close by.
Terms
£325,000 for the freehold, subject to contract. There is potential for conversion / development to residential subject to any necessary consents. Interested parties should note that we are also selling 83 Horley Road within the same parade. Further details upon request.
EPC
EPC – Awaited
Viewing
For further information or to arrange a viewing please contact:
Joe Yorke Bsc Hons Tel: 01737 222835
Email: joe@raynerscommercial.com
Chris Richards MRICS Tel: 01737 222835
Email: chris@raynerscommercial.com
VAT
VAT We understand that Vat is not applicable