Saxley Court, 121-129 Victoria Road, Horley, Surrey RH6 7AS

0.38 Acres
£2,500,000

Marketed By:

SHW

Origin One 108 High St, Crawley, RH10 1BD

01293 441300

crawley@shw.co.uk

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Property Features

  • Residential development site with existing long term income.
  • Existing retail and residential investment (Passing Rent £66,190 pa).
  • Rear land with Planning Consent for 29 x 1 & 2 bed flats plus 17 parking spaces.
  • Zero Affordable, Zero CIL, S106 (£324,000) already been paid.
  • Town centre position within walking distance of Horley Train Station.
  • Guide Price - £2,500,000.

Property Summary

5 shops, 4 let to longstanding tenants & 1 vacant (passing rent £65,650pa). ERV £80,000pa.
15 flats sold off on 125 year long leases (ground rent £540pa).
Rear land comprises a parcel of land with Planning Consent to build 29 flats over ground to 5th floor plus 17 parking spaces (Reference - 22/02450/F).
Zero Affordable, Zero CIL, S106 (£324,000) has already been paid.
Comprises a mix of spacious 1 and 2 bedroom flats.
Most proposed flats have balconies.

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