Investment.

Chipstead.

Unit 1, Prospect House, CR5 3NA

Map View

Status.

Available

Accommodation.

Ground Floor 4,015 sq ft 373.14 sq m

Price.

£2,420,000 (Subject to Contract and Exclusive VAT)

Location.

Unit 1 occupies a highly prominent roadsideposition on Outwood Lane in Chipstead,benefitting from excellent visibility andaccessibility. Forming part of Prospect House,the property comprises a Tesco Express servingthe surrounding affluent residential catchment,and is positioned within a predominantlyresidential area with substantial passing traffic,enhancing its prominence.

Description.

The property forms part of therecently constructed mixed-usedevelopment at Prospect House andcomprises a modern ground floorconvenience retail unit extendingto 4,015 Sq Ft (372.97 sq m). Theresidential upper parts do notform part of the sale. The propertybenefits from 12 on-site customercar parking spaces.

Rent.

£148,500 per annum exclusive

Tenure.

Freehold

Yield.

A net initial yield of 5.75%

Share.

All viewings are strictly by prior appointment.

Ben Simpson.

Partner | Investment

Will Civil.

Surveyor | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson