56 Lesbourne Rd - Storefront FOR SALE


Reigate, SRY RH2 7JX
$185,000 USD
56 Lesbourne Rd, Reigate, SRY for Sale
$185,000 USD
Storefront - FOR SALE
1/4
null | 6.5% Cap Rate

56 Lesbourne Rd
Reigate, SRY RH2 7JX


HIGHLIGHTS

  • High footfall area
  • Spotlights
  • Electric heating

OVERVIEW

This detached, single-storey retail unit offers a versatile open-plan space with a total area of 413 sq ft (38.40 m²). The property features a striking full-return shopfront, providing approximately 40 feet of display windows across two sides—ideal for showcasing merchandise and attracting attention. Currently configured as a ladieswear agency, the unit includes a spacious retail area, partitioned changing rooms, an ancillary stockroom/changing space, and a WC. The interior benefits from modern finishes, including laminate flooring, spotlights on tracking, and electric heating for added comfort and efficiency. The premises are sold subject to an existing lease in place until 30th June 2027, generating a passing rent of £12,000 per annum (pax). This well-maintained property represents an excellent investment opportunity, with a gross yield of approximately 6.5% based on the guide price.

FOR SALE DETAILS

PRICE

$185,000 USD

PRICE/SF

$448 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.01 AC

LAND SF

583 SF

ZONING

-

APN/PARCEL ID

SY101259

ASK ABOUT THIS PROPERTY

Steve LaneRobinsonsMore Info

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Steve LaneRobinsonsMore Info

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