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32 High St 1,965 sq ft Retail Property Banstead SM7 2LS £1,100,000 (£559.80/sq ft) 6.55% Net Initial Yield
Investment Highlights
- Heavy daytime foot traffic
- Close to local amenities
- Excellent natural light
Executive Summary
The property is centrally located in a prominent position on Banstead High Street. Nearby occupiers include Marks & Spencer, Robert Dyas, Pizza Express, Caffé Nero and Prezzo.
Banstead is recognised as a popular and thriving retail and commercial centre in an affluent and densely populated residential area, situated approximately 13 miles south-west of central London; 5 miles west of Croydon, 5 miles north of Reigate and 7 miles south-east of Kingston. Heathrow and Gatwick Airports are also conveniently based with access
via the M25/M4 and M25/M23 respectively.
Banstead is recognised as a popular and thriving retail and commercial centre in an affluent and densely populated residential area, situated approximately 13 miles south-west of central London; 5 miles west of Croydon, 5 miles north of Reigate and 7 miles south-east of Kingston. Heathrow and Gatwick Airports are also conveniently based with access
via the M25/M4 and M25/M23 respectively.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,965 sq ft
Costar Property Class
B
Year Built
1980
Price
£1,100,000
Price per sq ft
£559.80
Yield
6.55%
NOI
£72,050
Tenancy
Single
Number of Floors
3
Frontage
18 ft on High Street
Amenities
- 24 Hour Access
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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32 High St
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