Retail premises for sale in Worth Road, Crawley RH10

Fixed price £600,000 (£230.24/sq. ft)
Interested in this property? Call +44 20 3641 9157 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Retail premises for sale 2,606 sq. ft*
Tenure: Not available Council tax band: Not available

Property features

  • Comprises nursery, arranged over ground and first floor
  • Total area size 242.2 sq m (2,606 sq ft)
  • Providing off road car parking for 6 cars
  • Private courtyard area at rear

Property description

Investment Consideration:
Gross Initial Yield: 6.33%
Rental Income: £38,000 p.a.
VAT is not applicable to this property
Comprises nursery, arranged over ground and first floor
Let to successful operator with multiple locations across London and South East
Providing off road car parking for 6 cars
Private courtyard area at rear
Located on the southern side of Worth Road, a short walk from Pound Hill shopping parade and approximately 0.5 miles from Three Bridges station.

Property Description:
Comprising a prominent corner two storey nursery with a large single storey extension. To the front of the property there is a forecourt providing off road car parking for 6 cars and to the rear, a small courtyard garden area.

The property provides the following accommodation and dimensions:
Ground Floor: 185.5 sq m (1,996 sq ft)
4 Rooms, Kitchenette, WCs, Office
First Floor: 56.7 sq m (610 sq ft)
2 Rooms, Kitchen, WCs

Total area size: 242.2 sq m (2,606 sq ft)

Tenancy:
The property is at present let to mkm Childcare Limited for a term of 10 Years from 20th October 2021 at a current rent of £38,000 per annum and the lease contains full repairing and insuring covenants subject to a schedule but excluding the roof. Rent review and tenant option to determine in the 5th anniversary. Lease within Landlord & Tenant Act 1954.
*Let to successful operator with multiple locations across London and South East

Location:
Crawley is a large town and borough in West Sussex, England. It is 28 miles (45 km) south of London, 18 miles (29 km) north of Brighton and Hove, and 32 miles (51 km) north-east of the county town of Chichester. Located on the southern side of Worth Road, a short walk from Pound Hill neighbourhood shopping parade and approximately 0.5 miles from Three Bridges station and approximately 1.5 miles east of Crawley town centre. The town is located next to M23 with direct links to M25. Regular train services run from Crawley, and also Ifield, to London Victoria and London Bridge stations, Gatwick Airport, East Croydon, Horsham, Bognor Regis, Chichester, Portsmouth and Southampton. Three Bridges has direct Thameslink trains to Bedford and Brighton. The property is located on the southern side of Worth Road, a short walk from Pound Hill neighbourhood shopping parade and approximately 0.5 miles from Three Bridges station.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Blue Alpine Partners, SW1P on +44 20 3641 9157 * (local rate)

Contact Blue Alpine Partners about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blue Alpine Partners, and do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

44 more properties like this

View all Old Orchards commercial properties for sale