8 June 2021
SHW are delighted to launch to market this prime mixed use investment opportunity with immediate redevelopment potential in the heart of Reigate town centre.
5 - 13 West Street, Reigate comprises part-occupied office space and retail units plus an occupied Brewery at the rear and parking area, producing a Passing Topped Up Rent of £222,970 per annum.
The property also benefits from Permitted Development to residential on the upper parts to form 12 luxury flats (Planning Reference 18/00829/PAP20). Another application has been submitted to replace the existing consent to form 14 flats (Planning Reference - 21/01323/PAP3O).
Guide Price: Offers in Excess of £3,750,000.
Please get in contact with me, Richard Plant or our joint agent William Wynn-Williams for further details:
Harry - 07714 690 431, firstname.lastname@example.org
Richard - 07850 584 240, email@example.com
Will - 07581 544 721, firstname.lastname@example.org
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