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Thornton Side - The Village Veterinary Centre 2,570 SF Retail Condo Unit Offered at $798,286 in Redhill RH1 2NP



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
| Sale Type | Investment | Tenure | Long Leasehold |
| 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
£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 |
| - |
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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> £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 | Typical Floor Size | 856 SF |
| Property Type | Multifamily (Condo) | Year Built | 2009 |
| Property Subtype | Apartment | Lot Size | 0.08 AC |
| Building Class | B | Parking Ratio | 0.17/1,000 SF |
| Floors | 3 |
| 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 |
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Thornton Side - The Village Veterinary Centre
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