Guide price
£350,000
Property for sale92 High Street, Banstead, Surrey SM7
Just added
Freehold
About this property
Freehold for sale
Income producing investment
Flats sold off on long leases
Retail asset on Banstead High Street
Approximately 822 sq ft
Two parking spaces to rear
Income producing investment for sale - Ground floor retail unit with 2 x parking spaces situated on a busy high street parade - Uppers sold off on long lease.
Description
A ground-floor retail property in Banstead High Street, situated near the town’s principal retail area.
The shop extends to approximately 76.34 sq m (822 sq ft) and includes a staff room/kitchenette and WC, with two parking spaces to the rear.
Residential upper parts sold off on a long lease
Location
Prominently positioned on Banstead High Street, 92 High Street occupies a central location within this established and affluent Surrey commuter town. The High Street provides a strong mix of independent retailers, cafés, restaurants, convenience shopping and professional services, creating an active local trading environment throughout the day.
The property benefits from excellent accessibility by road, with convenient links to Sutton, Epsom, Reigate, Croydon and the M25 via the A217. The surrounding area comprises an attractive mix of residential neighbourhoods and open green space, supporting a substantial and established local catchment.
Numerous bus services operate along and close to the High Street, including routes 166, S1,318,408 and 420, providing connections to West Croydon, Epsom, Sutton, Redhill, Leatherhead and Crawley. Banstead railway station is approximately an 18-minute walk away and provides services towards London Victoria and Epsom Downs.
Leases & Income
Ground floor: Leased from 30 Jan 2024 – 29 Jan 2029 with a passing rent of £28,500 pa
Portfolio Sale
This unit forms part of a portfolio disposal that is available as individual lots or as one - The brochure will show all available units (Industrial & retail)
Terms
Guide Price £350,000
Description
A ground-floor retail property in Banstead High Street, situated near the town’s principal retail area.
The shop extends to approximately 76.34 sq m (822 sq ft) and includes a staff room/kitchenette and WC, with two parking spaces to the rear.
Residential upper parts sold off on a long lease
Location
Prominently positioned on Banstead High Street, 92 High Street occupies a central location within this established and affluent Surrey commuter town. The High Street provides a strong mix of independent retailers, cafés, restaurants, convenience shopping and professional services, creating an active local trading environment throughout the day.
The property benefits from excellent accessibility by road, with convenient links to Sutton, Epsom, Reigate, Croydon and the M25 via the A217. The surrounding area comprises an attractive mix of residential neighbourhoods and open green space, supporting a substantial and established local catchment.
Numerous bus services operate along and close to the High Street, including routes 166, S1,318,408 and 420, providing connections to West Croydon, Epsom, Sutton, Redhill, Leatherhead and Crawley. Banstead railway station is approximately an 18-minute walk away and provides services towards London Victoria and Epsom Downs.
Leases & Income
Ground floor: Leased from 30 Jan 2024 – 29 Jan 2029 with a passing rent of £28,500 pa
Portfolio Sale
This unit forms part of a portfolio disposal that is available as individual lots or as one - The brochure will show all available units (Industrial & retail)
Terms
Guide Price £350,000
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Monthly repayment
£1,750 per month
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