News

8 June 2021

FREEHOLD SALE: 5 – 13 WEST STREET, REIGATE, SURREY, RH2 9BL

Development, Residential


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, hspeed@shw.co.uk
Richard - 07850 584 240, rplant@shw.co.uk
Will - 07581 544 721, will@somerfordre.co.uk


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Author

Harry Speed

Agency

Senior Surveyor

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