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Retail Investment with Long Lease to Co-operative Group Food

Retail Investment with Long Lease to Co-operative Group Food

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Auction date

16 Apr 2026

Guide price

£525,000

Type

Commercial

Tenure

Leasehold

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

This property offers a retail investment with approximately 13 years remaining lease to Co-operative Group Food. Currently held by the same owner for over 26 years, it features a ground floor convenience store and includes a front car park suitable for 5 vehicles.

Positioned prominently on Godstone Road (A22) at the intersection with Hayes Lane, surrounded by various independent retailers. This location provides direct road access to Purley and the M25, with Kenley Station just moments away.

The premises comprise a ground floor convenience store with a front car park and an additional ground floor shop at 1a Station Approach. The total area is approximately 232.26 square meters.

The tenure is leasehold with a term of 125 years commencing from 1st March 1999, resulting in about 98 years remaining, at a nominal ground rent.

The shop is occupied by Co-operative Group Food Limited on a long-term lease expiring in 2039, with current rent set at £42,000 per annum, escalating to £44,000 in 2029.

Last update: 27 Mar 2026

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