60 Godstone Road & 1A Station Approach, Hayes Lane, Kenley, Surrey CR8 5AA

A leasehold retail investment property located at a prominent corner position on Godstone Road (A22) at the junction with Hayes Lane in Kenley, Surrey. The property comprises a ground floor convenience store with a gross frontage of approximately 54 feet 6 inches, an internal width of 51 feet 6 inches (narrowing to 21 feet 8 inches at the rear), and a shop depth of 47 feet 5 inches, totaling an area of approximately 2,500 square feet. Additionally, there is a ground floor shop at 1a Station Approach with a gross frontage of 12 feet, an internal width of 10 feet 11 inches, and a shop depth of 27 feet 11 inches. The convenience store is let to Co-operative Group Food Limited under a full repairing and insuring lease for a term of 40 years from 1st March 1999, with a current rent of £42,000 per annum, increasing to £44,000 per annum in 2029. The property has approximately 13 years remaining on the lease to the tenant, with a break option in 2034. The leasehold tenure has approximately 98 years remaining, with a fixed ground rent of £0.05 per annum. The property is situated near Kenley Station and is approximately 13 miles south of Central London and 3 miles south of Croydon.