From
£130,000
Property for saleStation Road, Crawley Down, Crawley RH10
About this property
High Yielding Mixed Use Investment
Same Ownership for 15+ Years
Ground Floor Retail Unit and Upper Parts
Let to Private Individuals t/a Village Brew Coffee Shop
10 Year Lease Expiring 11.03.2031
2026 Break Option Not Exercised
Asset Management Potential Via Outstanding Rent Review
Upper Parts Sold Long Leasehold
Includes Rear Storage Let to Morrisons
Three Parking spaces with rear yard area with further potential (subject to requisite consents)
Prominent Corner Pitch
VAT-Free Investment
Investment Let at £13,900 p.a. (10.69% giy on Guide Price)
Auction Sale - 27/01/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Mixed-Use Retail opportunity comprising a ground floor retail unit and Two Bedroom self-contained flat (sold off on lease) to the upper parts with the additional benefit of three parking spaces with further potential (subject to requisite consents), well located for the Shopping and Recreational amenities of Crawley Down and Crawley- Investment let at £13,900.00 per annum
Description
The property comprises a high yielding, mixed-use, investment occupying a prominent corner pitch and benefitting from asset management potential.
Arranged as a ground floor retail unit with a flat to the first floor and a rear storage container, the property is fully let to three tenants and producing a total rent of £13,900 per annum.
The ground floor is let to Private Individuals t/a Village Brew Coffee Shop on a 10 year lease expiring 11.03.2031 and paying £13,000 per annum.
We consider the property benefits from asset management potential via the outstanding 2023 rent review and the upcoming 2026 rent review, with both presenting an opportunity to improve rents. The tenant did not exercise their 2026 break option, displaying confidence in the location.
The upper parts are sold off on a long leasehold basis, expiring 23.06.2137 and paying a ground rent of £300 per annum, doubling every 25 years.
The property also includes a rear storage container, which is let on a license to Alliance Property Holdings Limited (t/a Morrisons) producing £600 per annum.
Location
Located near to the junction of Station Road and and Old Station Close
Shopping facilities can be found nearby in Crawley Down and to a further extent in the centres of Crawley and East Grinstead
The surrounding countryside provides a range of Recreational amenities to the area
Transport
National Rail - Crawley, East Grinstead
Tenancy
The ground floor is let to Private Individuals t/a Village Brew Coffee Shop on a 10 year lease expiring 11.03.2031 and paying £13,000 per annum.
The lease is on full repairing and insuring terms and includes an upward only, open market, rent review 12.03.2026. The tenant also did not exercise their 2026 break option, displaying confidence in the location.
The upper parts are sold off on a long leasehold basis, expiring 23.06.2137 and paying a ground rent of £300 per annum, doubling every 25 years.
The property includes a rear storage container, which is let on a license to Alliance Property Holdings Limited (t/a Morrisons) producing £600 per annum.
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