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Investment Highlights

  • Opportunity to acquire the long leasehold interest in the ground floor of a prominent building forming part of the attractive Canalside development
  • The property occupies a corner position at the western entrance of the Canalside development which comprises over 550 residential units
  • The property is used as a Veterinary Surgery

1 Unit Available

  • Unit
  • Unit Size
  • Unit Use
  • Price
  • NOI
  • Unit 1
  • 2,570 sq ft
  • Retail
  • £600,000 (£233.46/sq ft)
  • -
Sale Type Investment
Tenure Long Leasehold
Description
The property comprises a three storey building of masonry construction. Internally the building offers office/medical space at ground level and residential accommodation on the upper floors.
Sale Notes
PRICE
£600,000
TENURE
999 year long leasehold interest from 2008. 982 years unexpired. Peppercorn rent payable to the freeholder
Unit Unit Size Unit Use Price NOI
Unit 1 2,570 sq ft Retail £600,000 (£233.46/sq ft) -

Unit 1

Unit Size
2,570 sq ft
Unit Use
Retail
Price
£600,000 (£233.46/sq ft)
NOI
-

Unit 1

Unit Size 2,570 sq ft
Unit Use Retail
Price £600,000 (£233.46/sq ft)
NOI -
Sale Type Investment
Tenure Long Leasehold
Description
The property comprises a three storey building of masonry construction. Internally the building offers office/medical space at ground level and residential accommodation on the upper floors.</li></ul>
Sale Notes
PRICE<br> &#163;600,000<br> TENURE<br> 999 year long leasehold interest from 2008. 982 years unexpired. Peppercorn rent payable to the freeholder</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Property Size 24,143 sq ft
Property Type Build-to-Rent (Unit)
Property Subtype Apartment
Costar Property Class B
Floors 3
Typical Floor Size 856 sq ft
Year Built 2009
Total Plot Size 0.08 ac
Parking Allocation 0.17/1,000 sq ft
  • Listing ID: 35885214

  • Date on Market: 16/05/2025

  • Last Updated:

  • Address: Thornton Side, Redhill RH1 2NP

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