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Commercial Property for Sale near the RH18, Forest Row

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Commercial Properties for Sale Within 5 miles of the RH18, Forest Row

More details for 14-16 London Rd, East Grinstead - Retail for Sale

14-16 London Rd

East Grinstead, RH19 1AG

  • Retail for Sale
  • £600,000
  • 600 sq ft
  • 1 Unit Available
  • 24 Hour Access

East Grinstead Retail for Sale

Retail and Residential Building in a prime location in the London Road affording good investment and management potential.<br /><br />• Good access to all Town Centre amenities<br />• Attractive historic building<br />• Building extends internally to approximately 1,800 sq ft (167 sq m)<br />• One shop and two 2 bedroom flats<br />• Good long term potential<br /><br />FREEHOLD INVESTMENT FOR SALE<br /><br /> SITUATION<br />The Property is prominently situated in a prime trading position in the London Road, the main retail area of East Grinstead. Major retailers near by include Natwest Bank, WH Smith, Fat Face, Vodafone, Holland & Barrett and Poundland.<br />The railway station with services to London via East Croydon and the bus terminus are both within approximately 0.5 miles. Junction 10 on the M23 motorway is about 6 miles distant, giving access to Gatwick Airport and the M25 motorway.<br /><br />DESCRIPTION<br />16 London Road is a mid-terrace building and architecturally forms part of a pair with 14 London Road. The building provides a retail shop at ground floor and two upper floors arranged as two flats. The property has brick elevations to the front and rear with the second floor tile hung at the front, all under a pitched, clay tiled roof.<br /><br />The Shop trades as Toni & Guy and is fitted out as a hair salon. The shop front is mainly glazed with the entrance door to the left-hand side of the building. Internally the shop is a rectangular shaped layout. At the rear there is a staff area with WC kitchenette, and rear door to a passage leading to the London Road.<br /><br />The first floor flat, No 16a, is reached via a door from the pavement set within 14 London Road and comprises two bedrooms, a sitting room, bathroom and kitchen. There is access from the kitchen to a small roof terrace above the rear of the shop.<br /><br />Flat 16b is approached via an external passageway and with the rear access shared with the shop. The flat comprises two bedrooms, a sitting room, bathroom and a kitchen. Similar to the flat the floor below.<br /><br />Shop<br />Unit Size: 600 sq ft (55.74 sq m)<br />Tenant: Toni & Guy South East Ltd<br />Reg. No. 05272448<br />Lease Term: 14.02.2020 to 13.02.2030 Inside L & T Act 1954<br />Current Rent: £19,000 per annum<br />Rent Review 14.02.2025<br />Tenant repairs<br />Insurance rent recharged<br /><br />Flat 16a<br />Flat Size: 614 sq ft (57 sq m)<br />Tenant: Two individuals<br />Lease Terms: Periodic - 30.01.2025<br />Current Rent: £11,376 per annum<br />Assured Shorthold Tenancy<br /><br />Flat 16b<br />Flat Size: 581 sq ft (54 sq m)<br />Tenant: Two individuals<br />lease Terms: Periodic - 30.05.25<br />Current Rent: £12,000 pa<br /><br />BUSINESS RATES & COUNCIL TAX<br />The Properties have the following rateable values:<br />16 London Road - shop & premises - £16,250<br />16a London Road - residential flat - Band B<br />16b London Road - residential flat - Band B<br /><br />TERMS<br />Offers invited for the freehold - price guide - £600,000. Subject to the tenancies, subject to contract and exclusive of VAT.<br /><br />VIEWING<br />Strictly by confirmed appointment via the Selling Agents:-<br />RH & RW Clutton -[use Contact Agent Button]<br />Ben Hall - [use Contact Agent Button]<br /><br />

Contact:

RH & RW Clutton

Property Subtype:

Shopfront Retail / Residential

Date on Market:

11/07/2025
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LoopNet UK East Sussex Forest Row Commercial Properties For Sale in RH18, Forest Row, UK

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FAQs about Commercial Properties For Sale in RH18

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How many Commercial Property listings are available for sale in RH18?
There are currently 1 Commercial Properties available for sale near RH18. These RH18 Commercial Property listings have an average size of. The largest available listing in RH18 is. The thriving commercial centre and excellent transport links in RH18 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in RH18?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in RH18 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in RH18?
There is a diverse range of commercial properties available in RH18 to suit various business needs. RH18 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 RH18 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

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