38-40 High St - Storefront Retail/Residential FOR SALE


Horley, SRY RH6 7BB
$1,500,000 USD
207-127-8781
38-40 High St, Horley, SRY for Sale
$1,500,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | 2.87% Cap Rate

38-40 High St
Horley, SRY RH6 7BB


HIGHLIGHTS

  • Property includes 2 commercial & 7 residential units
  • Main road frontage
  • Heavy daytime footfall
  • 7 minute walk to Horley Train Station

OVERVIEW

Freehold, with the benefit of 2 commercial leases on the ground floor, a 15 year lease to Papa Johns Pizza and a 10 year lease to Savers Health & Beauty (both from 2019), with 7 flats above all rented out on Assured Shorthold Tenancies.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$353 USD /SF

CAP RATE

2.87%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

SY815700,SY863007,SY877482,SY878136

ASK ABOUT THIS PROPERTY

James StefanopoulosJames Ashley Commercial Property Consultants LLPMore Info
207-127-8781

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James StefanopoulosJames Ashley Commercial Property Consultants LLPMore Info
207-127-8781

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.