Sold

276-278 High Street, Sutton, Surrey

£550000 Guide Price
Minimum Size: 0 Sq Ft
Maximum Size: 0 Sq Ft

Call the commercial team on 020 8401 1000

Investment / Development Opportunity (subject to planning). - Prominent High Street location in a designated regeneration area - Investment income derived from 276 High Street of £13,000 pax - Management and reversionary potential - Infill development opportunity (subject to planning) The properties are available Freehold for sale, subject to the existing Tenancy and associated income at 276 High Street, and with full vacant possession of 278 High Street. We are inviting offers from £550,000 for the Freehold interest on an unconditional basis.

The two properties forming part of the sale comprise 276 High Street, which is a single storey retail premises beneath a flat roof, and 278 High Street, which is a two-storey semi-detached building of brick construction with rendered elevations, beneath a pitched tiled roof, with commercial use to the ground floor, and residential upper parts.

The properties are prominently located on the eastern side of the High Street, opposite The Crown Public House in close proximity to the new Sainsbury's Superstore and the proposed Lidl Supermarket in the former Matalan premises. Sutton is a densely populated residential area and a thriving retail and commercial centre, situated approximately 12 miles south-west of central London, 5 miles west of Croydon, 10 miles north of Reigate and 7 miles south-east of Kingston. Heathrow and Gatwick Airports are also conveniently based with access via the M25/M4 and M25/M23 respectively. Sutton mainline BR station provides fast regular services to both Victoria (26 minutes) and London Bridge (33 minutes).