High Street, Redhill, Surrey RH1
- SIZE
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- SECTOR
Commercial development for sale
Key features
- Freehold mixed-use building comprising a parade of 7 retail units and 2-stroreys of offices above extending to approximately 18,970ft2 in total, situated on a site of 0.35 acres
- Prior Approval for the change of use and conversion of the office space to 18 x residential apartments (5 x studio, 10 x 1 bed and 3 x 2 bed) totalling 10,831ft2
- Fully let producing £348,450pa with the office space becoming vacant on 25th December 2025 to facilitate the conversion to residential
- Offers invited in the region of £3,500,000 for the freehold interest. Offers also considered for the retail and PD elements in isolation
- Investment opportunity
Description
The first and second floors are currently used as offices and have their own entrance via Chapel Road. The first floor offices extend to 5,742ft2 with the second floor extending to 5,966ft2 (11,708ft2 in total).
The total size of the property extends to 18,970ft2 in total, situated on a site of 0.35 acres. To the rear of the property is a surface level car park which provides parking for up to 14 cars with access to the car park also taken via Chapel Road.
The property benefits from prior approval (reference: 25/00104/PAP3MA) given 21st March 2025, for the change of use and conversion of the first and second floor office space to create 18 x residential apartments (5 x studio, 10 x 1 bed and 3 x 2 bed) totalling 10,831ft2.
There is potential to increase the residential floorspace by way of a 2-storey extension in line with the neighbouring properties, subject to planning permission.
The rear car park may also offer potential for future redevelopment, subject to planning permission.
Brochures
High Street, Redhill, Surrey RH1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Redhill Station0.2 miles
- Earlswood (Surrey) Station0.8 miles
- Reigate Station1.5 miles
Notes
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