TOWN CENTRE LOCK UP SHOP APPROX 1058 SQ FT WITH PARKING SPACE – TO LET ON NEW LEASE £23,500 PER ANNUM EXCLUSIVE – 35 CHURCH STREET, REIGATE RH2 0AD

Under offer
TOWN CENTRE LOCK UP SHOP APPROX 1058 SQ FT WITH PARKING SPACE – TO LET ON NEW LEASE £23,500 PER ANNUM EXCLUSIVE – 35 CHURCH STREET, REIGATE RH2 0AD

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The premises are located on the northern side of Church Street at the entry to the town centre on the one-way system. The town’s multi-storey car park backs on to the opposite side of the street and the Morrisons town centre store and High Street shops are within a short walk. Access on to the M25 at the top of Reigate Hill (junction 8) is about two miles to the north and Gatwick Airport is about seven miles to the south.

DESCRIPTION

Part of The Old Wheel House, a 1973 development of shops and offices, the unit currently trades as The Anise Wellness & Skincare Retreat and comprises purpose built retail premises with one reserved parking space immediately outside the rear fire exit door.

The premises have internal depth of over 50ft, tiled canopy and deep plate glass shop window, good headroom and air conditioning to the retail area. There is currently lightweight partitioning to provide three treatment rooms with basins & showers and rear lobby with toilet and small kitchen. The premises widen significantly at the rear to give an above average size unit.

ACCOMMODATION

The premises have the following dimensions, all measurements approximate:

Internal frontage 14’9”
Rear width 26’11”
Shop depth 51’

IN ALL ABOUT 1058 sq ft (102.29m²)

One allocated car space immediately to the rear of the premises.

AMENITIES

• Inset lighting & 8’2” headroom
• Air conditioning to retail area (heater/cooler)
• Decorative flooring to shop
• Security grilles to rear windows
• Reserved parking space outside rear door

PLANNING

The premises have a class E use for planning purposes, but the freeholders would not wish a restaurant use.

LEASE TERMS

The premises are available on a new 10 year FRI lease with rent review at year 5 inside the Landlord and Tenant Act 1954. There is a service charge capped at £800 per annum to cover external repairs, decorations and buildings insurance premium.

RATEABLE VALUE

RV £21,500. UBR 51.2p in the £ 2021/2022.
Reigate and Banstead Borough Council. Tel: 01737 276691.

LEGAL COSTS

Each side to be responsible for its own legal costs in the transaction.

RENT

£23,500 per annum exclusive.

VIEWING

By prior appointment with our office. Tel: 01737 245886 (ref MS).

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