High Street, Banstead, Surrey

A freehold retail investment arranged over the ground floor and totalling approximately 830 sq ft (VOA). The property occupies a prominent position on Banstead High Street, an affluent Surrey village with strong local demographics and a well-established retail core. Located within a traditional 1920s–1930s parade, the property benefits from consistent village footfall and the robust trading fundamentals typical of the Reigate & Banstead borough.

The property is let to Rawling & Sons (Opticians) Limited on a new effectively full repairing and insuring (FR&I) lease for a term of 15 years commencing 31 July 2025. The passing rent is £28,500 per annum, payable monthly in advance. The lease provides for upward-only open market rent reviews every five years and includes a tenant-only break option at the eighth year (31 July 2033), subject to a minimum of six months’ written notice.

Banstead is an affluent commuter village in Surrey, offering a strong residential catchment and a well-established High Street environment. The property occupies a prominent pitch within a traditional 1920s/30s parade, benefiting from steady local footfall and convenient on-street and public car parking nearby. The area is well served by local bus routes and enjoys good road links to nearby centres such as Sutton, Epsom, and the wider Surrey suburbs, supporting regular day-to-day trade. The local occupier mix is predominantly convenience and service-led, underpinning the resilience and long-term demand for neighbourhood retail premises in the town centre.

VAT is applicable, and the sale will be treated as a Transfer of a Going Concern (TOGC).