Retail in Copthorne available for sale
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Retail Properties for Sale near Copthorne, UK

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Retail Properties for Sale Within 5 miles of the Copthorne, UK

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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FAQs About Retail Property For Sale in Copthorne

See All Retail Spaces For Sale
How many retail properties are currently available for sale in Copthorne?
There are currently 0 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Copthorne?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the Copthorne, UK

With 0 retail units currently available for sale in Copthorne, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Copthorne, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Copthorne, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Copthorne can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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