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Floorplan
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    Key features

    • A freehold mid terrace commercial property
    • Development potential to convert the property into a single dwelling or a mixed use scheme (Subject to the requisite consents)
    • Plans have been sketched for a 4 bedroom house and/or a commercial unit on the ground floor & 2 bedroom flat in the upper floors (please refer to photos)
    • Asset management potential to let the property out in its current format
    • An approx. 986 sq ft
    • Located an approx. 0.4 miles from Reigate Train station
    • Virtual tour available in the description
    • 6 week completion available
    • No VAT on sale price
    • Vacant

    Description

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    The Property comprises a freehold mid-terrace commercial building extending to approximately 986 sq ft. The asset presents a range of opportunities, including conversion to a single dwelling or a mixed use scheme; a commercial unit on the ground floor and 2 bedroom flat at 1st and 2nd floor (subject to the requisite consents), or re-letting in its current configuration for income generation.

    The Property benefits from a rear yard providing access to both the ground floor and upper parts, with potential to create self-contained upper floor accommodation through reconfiguration of the ground floor layout, subject to any necessary consents. The Property occupies a prominent position on London Road, close to its junction with Reigate High Street, an established commercial location occupied by a variety of national and independent retailers.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please refer to the floor plan

    Tenancy

    Vacant

    Notes

    Please note the site areas provided are approximate. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. Please note that the indictive plans do not guarantee that the changes are achievable. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.

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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Crossway House occupies a prominent position on London Road, close to its junction with Reigate High Street, in the heart of Reigate town centre. The surrounding area is well established, with a mix of national retailers, independent businesses, restaurants, cafés and professional occupiers, providing strong footfall and excellent local amenities.

      Transport

      The Property is well connected, with Reigate Railway Station approximately 0.4 miles to the south-east, providing regular services to London Victoria, London Bridge, Redhill and Gatwick Airport. The A25 runs through the town centre, while Junction 8 of the M25 is approximately 3 miles away, offering excellent road access to the wider motorway network and the South East.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •Some properties might be open to offers prior to auction. Exchange will take place, subject to contract and no higher offers, on auction terms and as per the legal pack. Please contact the auctioneer with your best and final offer, their details can be found on each lot page.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums