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Investment Highlights

  • Opportunity to acquire the long leasehold interest in the ground floor of a prominent building forming part of the attractive Canalside development
  • The property occupies a corner position at the western entrance of the Canalside development which comprises over 550 residential units
  • The property is used as a Veterinary Surgery

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 2,570 SF
  • Retail
  • $798,286 ($310.62/SF)
  • -
Sale Type Investment
Tenure Long Leasehold
Description
The property comprises a three storey building of masonry construction. Internally the building offers office/medical space at ground level and residential accommodation on the upper floors.
Sale Notes
PRICE
£600,000
TENURE
999 year long leasehold interest from 2008. 982 years unexpired. Peppercorn rent payable to the freeholder
Unit Unit Size Condo Use Price NOI
Unit 1 2,570 SF Retail $798,286 ($310.62/SF) -

Unit 1

Unit Size
2,570 SF
Condo Use
Retail
Price
$798,286 ($310.62/SF)
NOI
-

Unit 1

Unit Size 2,570 SF
Condo Use Retail
Price $798,286 ($310.62/SF)
NOI -
Sale Type Investment
Tenure Long Leasehold
Description
The property comprises a three storey building of masonry construction. Internally the building offers office/medical space at ground level and residential accommodation on the upper floors.</li></ul>
Sale Notes
PRICE<br> &#163;600,000<br> TENURE<br> 999 year long leasehold interest from 2008. 982 years unexpired. Peppercorn rent payable to the freeholder</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 24,143 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 3
Typical Floor Size 856 SF
Year Built 2009
Lot Size 0.08 AC
Parking Ratio 0.17/1,000 SF
  • Listing ID: 35885214

  • Date on Market: 5/16/2025

  • Last Updated:

  • Address: Thornton Side, Redhill RH1 2NP

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