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Freehold Commercial Investment with Potential, 79 Horley Road, South Earlswood, Redhill, RH1 5AS

1,161 Sq Ft / Retail / Investment

For Sale - £325,000.00

Available - Last updated: 09 August 2024

Situated in a well-established local parade with layby parking. The ground and first floors are currently let to a counselling / psychologist practice. The accommodation has been fitted out to a high standard and provides a front retail area, two further consulting rooms and a kitchen on the ground floor with three further rooms on the first floor. There is also a separate side entrance which could enable the first floor to be self-contained. There are toilets on both the ground and upper floors.

The double garage and yard at the rear will be sold with vacant possession and benefit from direct vehicular access from the rear.

Location

The premises occupy a well-established retail location on the A23 just to the South of Redhill and close to Gatwick Airport. The parade is opposite McDonalds. 

Redhill benefits from excellent road and rail connections. Salfords and Redhill Mainline Train Station are close by.

Accommodation

79 Horley Road (Excluding garage and yard):

Retail / Consulting Rooms

Ground Floor - 588 sq ft GIA

First Floor - 573 sq ft GIA

Garage and yard space:

Garage - 362 sq ft

Yard - 372 sq ft

Terms

TENURE - Freehold

SALE PRICE & POTENTIAL - £325,000 for the freehold, subject to contract. There is potential for conversion / development to residential subject to any necessary consents. Interested parties should note that we are also selling 83 Horley Road within the same parade. Further details upon request.

VAT - We understand that Vat is not applicable

LEGAL COSTS - Each party is to pay their own costs.

EPC - Awaited

TENANCY SCHEDULE - See attached brochure for information

Specification

  • Freehold retail / office investment with rear access and garage
  • Established location on A23 close to Redhill & Gatwick
  • Shop and office let to an individual for 12 months at £15,600
  • Double Garage and Rear Yard are vacant
  • Rear access via Prince Albert Square
  • Freehold price £325,000 (subject to contract)

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £325,000.00 NA

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Contact agents

Chris Richards

Rayners Commercial

01737 400489

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