29 High Street Horley, Surrey, RH6 7BH
29 High St, Horley RH6 7BH, UKBasics
- Category: High street, Retail
- Types: Shop
- Status: Sold
- Lot size: 6089 sq ft
Description
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Description:
We are happy to bring to market this fantastic opportunity to purchase a very large commercial unit with the freehold of the building. the unit is currently let for nearly another 10 years at a rent of £65,000 to a strong tenant. The price per square foot is well below the going rate, presenting security for a long-term investment, due to the flexibility of use of the premises.
Key Features:
- Tenure - Freehold
- Premises totals 565 sqm / 6,089 sqf
- Let to Sussex Beds until 28/11/2032
- Current rental income of £65,000 p.a. with rent review in 2027
- High yield investment
- Price: POA
- Very low price per square foot
Location:
Horley is a town in the borough of Reigate and Banstead in Surrey. It has a strong town centre which is set for redevelopment. The property is situated on the northern side of the High Street, at its junction with Lumley Road.
Occupiers close by include Boots Optician, Subway, Savers, Papa Johns, Coral and bhf amongst others.
Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.