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Property Location


90-92 London Road, East Grinstead, West Sussex, RH19 1EP

Freehold £350,000 Offers in the region of

1018 sq ft
(94.57 sq m)
* Attractive and affluent retailing town in West Sussex
* Situated on the main thoroughfare in to the Town Centre
* Development Potential above and to rear Subject to Planning Permission
* Number 90 is let on a FRI lease to Connells Residential - holding over
* Number 92 is currently vacant - in which we have interest from tenants
* Current rental income of £11,000 per annum (holding over), rising upon letting the second shop
* No VAT payable
East Grinstead is located to the East of Crawley and West of Tunbridge Wells. It benefits from excellent communications being just 9 miles from the M23 and Gatwick Airport. East Grinstead has an immediate consumer base of 47,000 people (PROMIS 2018) with an above average affluent and social group population.

The premises occupy a prominent position on the West side of London Road, to the North of Kings Street and just to the north of the recently redeveloped Queens Walk which offers over 17,000 sq ft of modern retail and leisure accommodation plus parking for approximately 164. There is further parking for 76 cars off Kings Street.

Other notable retailers nearby in London Road include Halifax, Costa Coffee, Boots, Clarks Shoes, Fat Face, White Stuff, Waterstones, Santander, Nationwide, Superdrug, Robert Dyas and the Post Office.
* Freehold retail building in East Grinstead

* Single storey with rear garden and further development potential

* Garden of around 1,000 sq ft

* Two freehold shops totalling 1,018 sq ft

* One occupied by Connell Residential - holding over

* The other is vacant - with interest from prospective tenants

* Rental income of £11,000 pa will rise upon letting vacant shop

* Offers invited in the region of £350,000 no VAT

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