A1/A2 Retail Unit Approx 475 sq. ft. – Opposite Reigate Station

Completed
A1/A2 Retail Unit Approx 475 sq. ft. – Opposite Reigate Station

LOCATION

The property is located on the northern side of Holmesdale Road (see plan overleaf) opposite Reigate Station in a parade of shops just off the A217 and the Co-op Convenience Store at the foot of Reigate Hill. The immediate area is built up with a mix of residential and commercial property. The town’s main office area is in nearby London Road. Reigate High Street is about 500 yards to the south. Access onto the M25 (Junction 8) at the top of Reigate Hill is just over one mile.

DESCRIPTION

The property comprises a ground floor A1/A2 unit with small rear yard in a three storey end terrace building with rendered elevations under a slate mansard roof. The unit has double fronted window display, gas central heating, Cat 5 cabling, fitted carpets and false ceiling with inset lighting and air conditioning unit. The basement storage will be excluded from the lease. Items of office equipment may be available if required.

ACCOMMODATION

All measurements approximate, the accommodation comprises:

Shop: 13’4” x 13’5” with double fronted window display,
central door & carpeting
Step up to back section 14’9” x average 10’4” with carpeting
and door to basement. 332 sq ft

Rear office: 10’1” x 10’1”. Lightweight partitioning.
Carpeted floor. Modern double-glazed window. 102 sq ft

Kitchen: Average 7’2” x 5’8”. Fitted units. Laminate floor. 41 sq ft
Door to WC with wash basin. Carpeted lobby & rear door —–

NET GROUND FLOOR AREA 475 sq ft (44.13m²)

Small Rear Yard: Concreted with boundary walls and fencing.

RATING

RV £5,700 UBR 50.4p in the £ 2019/2020. Subject to business rates relief as appropriate.
Reigate & Banstead Borough Council Tel: 01737 276691 (Commercial Rates department).

PLANNING

The premises have planning use for A2 financial and professional services but could revert to A1 retail use.

LEASE

New 5 year lease with tenant break end year 3, outside the Landlord and Tenant Act 1954. The agreement will be on FRI terms subject to a Schedule of Condition.

RENT

£16,200 per annum exclusive + VAT, payable monthly in advance.

LEGAL COSTS

Each side to be responsible for its own legal costs in the preparation of the new lease.

EPC

A copy of the Energy Performance Certificate (Band D) is available on request.

VIEWING

By appointment with our office. Tel: 01737 245886.

spo_crow_admin