An established local trading position with a range of shops on either side of Nutfield Road serving a built up residential locality. Merstham Village and mainline station are a little over half a mile to the north. Redhill town centre and shopping precincts are about one and a half miles to the south, and access on to the M25 at the top of Reigate Hill (junction 8) is a little over two miles by road. Gatwick Airport is about eight miles to the south.
The premises comprise a ground floor shop with rear store/garage in a three storey building on the corner of Nutfield Road and Endsleigh Road. There is a deep window display with partial return frontage about 15’5” wide and the shop is about 50’ deep with door to rear store which also has an up and over door accessed from the side road. The premises have been occupied for many years by Day Lewis Pharmacy with South Merstham Post Office in the rear section. There is a trap door in the front section of the shop to a cellar area which has been unused for many years.
All measurements approximate, the accommodation comprises:
Retail area: max 15’5” x 50’ – 633 sq ft
Rear store/garage: max 11’9” x 16’8” – 186 sq ft
TOTAL INTERNAL FLOOR AREA 819sq ft (76.09 sq m)
Partially restricted parking in Endsleigh Road.
RV £7,500 UBR 49.3p in the £ 2018/2019.
Reigate & Banstead Borough Council Tel: 01737 276 691. Commercial rates department.
The premises are available on a new ten year FRI lease with rent review at the end of year five outside the Landlord and Tenant Act 1954.
The premises have a long established A1 retail use.
Each side to be responsible for its own legal costs in the preparation of a lease agreement.
£12,000 per annum exclusive.
By prior appointment with our office. Tel: 01737 245886 (ref MS).