27 Station Rd 1,135 SF Retail Building Redhill RH1 1QH £400,000 (£352.42/SF) 8.05% Net Initial Yield

The property comprises a mid-terrace part three storey, part two storey and part single storey mixed use building of traditional brick construction. The property sits beneath a pitched and tiled roof and has painted rendered elevations and timber sash windows. The first and second floors of the front three storey section of the building are configured as 2 no. residential flats.
The ground floor retail unit, currently let to Sequence (UK) Limited (t/a Barnard Marcus), is mainly open plan with two partitioned offices, a staff area, kitchen and staff W/C facilities located towards the rear of the property.
The remaining elements of the first and second floors comprise two residential flats which are sold off on long leases. The two residential flats are accessed externally to the rear of the property via external metal staircases in a shared yard, which is accessed via a secure gate to a rear passage providing access to and from Station Road via Warwick Quadrant.