CHARACTER HIGH STREET SHOP TO LET

Under offer
CHARACTER HIGH STREET SHOP TO LET

LOCATION

The premises are located towards the western end of Reigate High Street after M&S Food Hall and between the new Nando’s and Giggling Squid. Nearby multiple retailers include Boots the Chemist, Whistles and Paperchase, along with fashion brands, Mint Velvet, White Stuff, Phase Eight and Benetton. The Nutley Lane public car park is about 100 yards from the end of the High Street. The nearby Morrisons in-town store has parking for about 400 cars (2 hour maximum stay).

DESCRIPTION

The premises comprise a ground floor shop with external rear access  (shaded pink on plan) to basement stores in a three-storey brick and tiled listed building. The shop, which has tiled flooring, air conditioning unit and electric heating, has been operated for many years as The Barber Shop and has light weight partitioning to the rear ladies salon with lobby and rear WC. A metal staircase at the rear leads down to basement storage areas.

ACCOMMODATION

All measurements approximate:

Internal frontage                               16’1”

Shop Depth                                        50’8”

Shop

Front: 16’1” x max 31’6” including coffee station             474 sq ft

Rear:   10’3” x 19’2” max with partitioned lobby, rear

WC and door to outside staircase                                        214 sq ft

688 sq ft

Basement Storage:

Front: 13’6” x 16’2”. 6’3” headroom                                   218 sq ft

Centre: 8’1” x 11’10”                                                                 96 sq ft

Rear:   13’6” x 19’4”. Light and power

6’9” headroom                                                                        261 sq ft

575 sq ft

NET INTERNAL AREA                                  1263 sq ft (117.34 m²)

RATING

RV £17,000 UBR 50.4p in the £2019/2020

Reigate & Banstead Borough Council:  tel. 01737 276 691

PLANNING

The permitted use is class A1 retail. The property is shown in local records as a Grade II listed building and lies within the town-centre conservation area.

LEASE

The premises are available on a 10-year FRI lease with 5-year rent review inside the Landlord & Tenant Act 1954.

RENT

£23,000 per annum

NB: The existing fittings, e.g. barbers chairs, basins, worktops, leather seating and washing machine and tumble dryer in the basement will be removed and the surfaces made good, although, should the present use be continued, the fittings would be available to purchase by negotiation.

LEGAL COSTS

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

VIEWING

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

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