| Property Type | Retail |
| Tenure | To Let |
| Size | 261 sq ft |
| Rent | £10,200 per annum |
| Business Rates | £4,441.10 per annum An occupier may benefit from 100% small business rates releif. |
| Rateable Value | £8,900 |
| Energy Performance Rating | This property has been graded as D (98) |
Character ground floor retail/office to let opposite the Co-operative Food store
Key Features
- Undergoing refurbishment
- Heating to be installed
- To be re-wired
- Sales/Office area with separate kitchen area
- New lease available
- Under the small business rates relief threshold
Description
Available for the first time in decades, this character ground floor retail unit provides an exciting opportunity to acquire a new lease on an affordable and highly visible premises in the heart of the town. The property is currently being refurbished to include new wiring, heating, flooring, kitchen area and will be decorated throughout. Access is via a timber front door into a lobby area with a door through to the main shop measuring approximately 20' deep by 11'5" wide. There is an additional small room off the entrance lobby in which a new tea point will be installed. The property also has its own cloakroom.
Available area
The property has the following approximate floor areas:
| Name | sq ft | sq m |
|---|---|---|
| Ground - Sales | 216 | 20.07 |
| Ground - Ancillary | 45 | 4.18 |
| Total | 261 | 24.25 |
Location
The property is situated on the south side of the busy High Street (A25) on the corner of Lodge Lane and opposite Croydon Road. The town's main supermarket, the Co-operative Food Store, is situated directly opposite. Other nearby retailers include Coughlans Bakery, Hospice in the Weald, Nationwide Building Society, Costa Coffee and the recently opened Esquire Coffee. The town is also home to a number of established lifestyle businesses, as well as an array of highly acclaimed restaurants.
Terms
The property is available to rent on a new lease for a term to be agreed subject to periodic rent reviews.
Rent
£10,200 per annum exclusive. The landlords have not opted to tax, so currently VAT will not apply.
Anti Money Laundering
On agreement of terms, a new tenant will be required to provide all relevant information prescribed by HMRC in relation to the AML regulations.
Business Rates
An incoming tenant may qualify for 100% small business rates relief (sbrr), i.e., no business rates to pay. This applies while the sbrr scheme remains valid. Further information is available on request.
Use
Previously used as a travel agency, the property has retail / office use which now falls under Use Class E of the updated Use Classes Order. Use as a barbers/hairdressers will not be permitted.
