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7 Hatchlands Rd 871 pi² Commerce de détail Immeuble Redhill RH1 6AA 1 315 057 $ CAD (1 509,82 $ CAD/pi²)
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Faits saillants de l'investissement
- Fully let E mixed use building in a prominent A25 frontage between Redhill and Reigate with three flats each subject to an APT
- Three flats are occupied by long term APT tenants
- Combined annual rent of £55,900 pa
- Sale is due to change of personal circumstance by the owner and not related to the investment
Résumé de l'annonce
The FREEHOLD INVESTMENT UNDER TITLE NO SY728272comprises one retail unit, three residential flats let on Assured Periodic tenancies, having started as ASTs and a Long Leasehold of one flat which is included within the demise.
This investment portfolio has been let by the current owners for nearly two decades and offers a great opportunity to a new Landlord. The shop operates as a florist by the freeholder who wishes to divest of the investment but to continue just trading with her floristry business that has been established for decades. Each unit has benefitted from continuous tenancy.
7 Hatchlands Road – This E Class unit with traditional timber shopfront has traded as Greensleeves Florists for decades by the current owner . It comprises of the retail area of 489 sq ft, rear office 82 sq ft, store 15 sq ft and spacious ground floor basement 233 sq ft which contains the kitchenette and WC. –The building will be sold with the vendor taking a leaseback on the shop and basement on a five year FRI Lease at a passing rent of £14,500.
7a Hatchlands Road– This flat is subject to a 125 year lease from 23.12.03
7b Hatchlands Road– Appealing one bedroom first floor flat to the front of the building currently let unfurnished on an Assured Periodic Tenancy at £1150 pcm. The flat comprises a nice large living room with open plan kitchen to the front, bedroom and shower room.
1b Charman Road– One bedroom lower ground floor flat currently let unfurnished on an Assured Periodic Tenancy at £1150 pcm The flat comprises a living room with open plan kitchen, bedroom with window to the side and shower room.
1c Charman Road– One bedroom lower ground floor flat currently let unfurnished on an Assured Periodic Tenancy at £1150 pcm comprising living room with open plan kitchen, bedroom with window to the side and shower room.
The residential flats provide rent of £41,400 pa on an APT basis and the commercial element £14,500 pax with total passing rent of £55,900 pa gross. The Landlords have not maximised the rental income due to preferring stability of settled Tenants.
Offers in excess of £700,000 for the freehold interest subject to the existing Assured Shorthold Tenancy leases.
We understand that all parts have the benefit of gas, electric and water supply and each Tenant is responsible for said costs.
Each party to be responsible for their own legal costs in the transaction.
This investment portfolio has been let by the current owners for nearly two decades and offers a great opportunity to a new Landlord. The shop operates as a florist by the freeholder who wishes to divest of the investment but to continue just trading with her floristry business that has been established for decades. Each unit has benefitted from continuous tenancy.
7 Hatchlands Road – This E Class unit with traditional timber shopfront has traded as Greensleeves Florists for decades by the current owner . It comprises of the retail area of 489 sq ft, rear office 82 sq ft, store 15 sq ft and spacious ground floor basement 233 sq ft which contains the kitchenette and WC. –The building will be sold with the vendor taking a leaseback on the shop and basement on a five year FRI Lease at a passing rent of £14,500.
7a Hatchlands Road– This flat is subject to a 125 year lease from 23.12.03
7b Hatchlands Road– Appealing one bedroom first floor flat to the front of the building currently let unfurnished on an Assured Periodic Tenancy at £1150 pcm. The flat comprises a nice large living room with open plan kitchen to the front, bedroom and shower room.
1b Charman Road– One bedroom lower ground floor flat currently let unfurnished on an Assured Periodic Tenancy at £1150 pcm The flat comprises a living room with open plan kitchen, bedroom with window to the side and shower room.
1c Charman Road– One bedroom lower ground floor flat currently let unfurnished on an Assured Periodic Tenancy at £1150 pcm comprising living room with open plan kitchen, bedroom with window to the side and shower room.
The residential flats provide rent of £41,400 pa on an APT basis and the commercial element £14,500 pax with total passing rent of £55,900 pa gross. The Landlords have not maximised the rental income due to preferring stability of settled Tenants.
Offers in excess of £700,000 for the freehold interest subject to the existing Assured Shorthold Tenancy leases.
We understand that all parts have the benefit of gas, electric and water supply and each Tenant is responsible for said costs.
Each party to be responsible for their own legal costs in the transaction.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Ancienneté
Pleine propriété
Sous-type de propriété
Commerce pied immeuble
Taille du bâtiment
871 pi²
Classe d’immeuble
B
Année de construction
1900
Prix
1 315 057 $ CAD
Prix par pi²
1 509,82 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,07
Taille du lot
0,30 AC
Façade
23’ sur Hatchlands Road
Commodités
- Affichage
- Cote de rendement énergétique - C
1 1
Principaux détaillants à proximité
1 de 3
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
1 de 1
Présenté par
7 Hatchlands Rd
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