15 London Road East Grinstead Sussex RH19 1AJ

15 London Road
East Grinstead
Sussex
RH19 1AJ

Freehold Retail Opportunity with Immediate Asset Management Opportunities

Substantial former bank building
Prominent position in East Grinstead town centre
Commercial area of approx. 301.26 sq. m. (3,241 sq. ft.) over Ground, First and Second Floors
Of interest to owner occupiers
Asset management opportunities
Nearby occupiers include Waterstones, Toni & Guy, Fat Face, Costa, Boots, and Pure Gym
Not elected for VAT

Lot
23
Auction
15th May 2025
Vacant Possession
Status
Sold
Price
£360,000
Auction Venue
Live Streamed Auction
On Behalf of NatWest Bank

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Freehold Retail Opportunity with Immediate Asset Management Opportunities

Substantial former bank building
Prominent position in East Grinstead town centre
Commercial area of approx. 301.26 sq. m. (3,241 sq. ft.) over Ground, First and Second Floors
Of interest to owner occupiers
Asset management opportunities
Nearby occupiers include Waterstones, Toni & Guy, Fat Face, Costa, Boots, and Pure Gym
Not elected for VAT

Lot 23
Auction 15th May 2025
Vacant Possession
Status Sold
Price £360,000
Sector
Bank, Development
Auction Venue
Live Streamed Auction
On Behalf of NatWest Bank

Property Information

Location

Miles: 7 miles east of Crawley, 11 miles west of Royal Tunbridge Wells, 27 miles south of Central London
Roads: A22 (London to Eastbourne), A264, M23 (Junction 10)
Rail: East Grinstead Railway Station (55 mins to London Victoria)
Air: London Gatwick Airport

Situation

The property is located on the east side of London Road, close to its junction with High Street and West Street, in the heart of East Grinstead town centre. Nearby occupiers include Waterstones, Toni & Guy, Fat Face, Costa, Boots, and Pure Gym.

Tenure

Freehold.

Location

Miles: 7 miles east of Crawley, 11 miles west of Royal Tunbridge Wells, 27 miles south of Central London
Roads: A22 (London to Eastbourne), A264, M23 (Junction 10)
Rail: East Grinstead Railway Station (55 mins to London Victoria)
Air: London Gatwick Airport

Situation

Tenure

Freehold.

Description

The property comprises a substantial former bank building arranged over the ground, first and second floors. Part of the first and second floors provides four residential flats which have been let on long leases, situated to the rear of the property. The property benefits from rear access onto Cantelupe Road. Floor plans are available upon request.

VAT

Not elected for VAT

Note

This sale is conditional and is subject to confirmation by the Seller. Please see further details within the Special Conditions of Sale.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

Not elected for VAT

Note

This sale is conditional and is subject to confirmation by the Seller. Please see further details within the Special Conditions of Sale.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.
Ground First Second	Retail Ancillary Ancillary	219.12 54.04 28.10	(2,358) (581) (302)	VACANT	-	-
Part Rear First Part Rear Second	Residential Residential	-	-	INDIVIDUALS	Let on 4 separate leases for a term of 125 years from May 2010	£400
Total Approximate Commercial Floor Area		301.26	(3,241)			£400

(1) The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.