![Picture No. 10](https://media.onthemarket.com/properties/14933214/1493090002/image-0-1024x1024.jpg)
![Picture No. 04](https://media.onthemarket.com/properties/14933214/1491534915/image-1-1024x1024.jpg)
![Picture No. 06](https://media.onthemarket.com/properties/14933214/1492055168/image-2-1024x1024.jpg)
Retail property (high street) for sale
Property description & features
• Good access to all Town Centre amenities
• Attractive historic building
• Building extends internally to approximately 1,800 sq ft (167 sq m)
• One shop and two 2 bedroom flats
• Good long term potential
FREEHOLD INVESTMENT FOR SALE
SITUATION
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, Jo Jo Maman Bebe, Vodafone, Greggs, Holland & Barrett and Poundland.
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.
DESCRIPTION
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.
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.
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.
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.
Shop
Unit Size: 600 sq ft (55.74 sq m)
Tenant: Toni & Guy South East Ltd
Reg. No. 05272448
Lease Term: 14.02.2020 to 13.02.2030 Inside L & T Act 1954
Current Rent: £19,000 per annum
Rent Review 14.02.2025
Tenant repairs
Insurance rent recharged
Flat 16a
Flat Size: 614 sq ft (57 sq m)
Tenant: Two individuals
Lease Terms: Periodic - 30.01.2023
Current Rent: £10,272 per annum
Assured Shorthold Tenancy
Flat 16b
Flat Size: 581 sq ft (54 sq m)
Tenant: Two individuals
lease Terms: Periodic - 30.11.2022
Current Rent: £9,924 pa
BUSINESS RATES & COUNCIL TAX
The Properties have the following rateable values:
16 London Road - shop & premises - £16,250
16a London Road - residential flat - Band B
16b London Road - residential flat - Band B
TERMS
Offers invited for the freehold - price guide - £600,000. Subject to the tenancies, subject to contract and exclusive of VAT.
VIEWING
Strictly by confirmed appointment via the Selling Agents:-
RH & RW Clutton -[use Contact Agent Button]
Philip Baker - [use Contact Agent Button]
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference RHS240026. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by RH & RW Clutton Property - East Grinstead.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.