Retail Showrooms for sale in Redhill, UK

Commercial Property in Redhill available for sale

Find Retail Showroom for sale in Redhill that meets your business or investment goals

More details for Thornton Side, Redhill - Build-to-Rent for Sale

The Village Veterinary Centre - Thornton Side

Redhill, RH1 2NP

Retail for Sale
£600,000
2,570 sq ft
1 Unit Available

Redhill Build-to-Rent for Sale

PRICE £600,000 TENURE 999 year long leasehold interest from 2008. 982 years unexpired. Peppercorn rent payable to the freeholder

Contact:

Huggins Stuart Edwards

Property Subtype:

Apartment

Date on Market:

16/05/2025

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Retail Showrooms for Sale Within 5 miles of the Redhill, UK

126-138 Tolworth Broadway

Surbiton, KT6 7HT

Retail for Sale
£720,000
1,485 sq ft
1 Unit Available

Surbiton Retail for Sale

Investment Consideration: - Purchase Price: £750,000 - Gross Initial Yield: 7.01% - Rental Income: £50,500 p.a. - VAT is NOT applicable to this property - Retail shop let until 2039. No breaks. Rent review every 5 years linked to RPI. - Comprises ground floor shop and 3-bedroom maisonette at first and second floor - Property benefits from vehicular access at rear and 2 car parking spaces -Situated within short walk to Tolworth train station and opposite M&S Foodhall, with nearby occupiers including Domino`s Pizza and Poundland, amongst others. Tenancy: The ground floor shop is at present let to an Individual (with guarantor) for a term of 15 years from 11th October 2024 at a current rent of £17,500 per annum and the lease contains full repairing and insuring covenants. Rent review every fifth year open market upward only. No break clause. Deposit held of £8,750 (6 months). The first and second floor maisonette is let to Omnia Housing Ltd on a Guaranteed Rent Agreement for a term of 5 Years from 9 August 2021 at current rent of £33,000 per annum. Deposit held of £2,750.