Lock-up Shop to let in Redhill – New lease available

Lock-up Shop to let in Redhill – New lease available

DIRECTIONS

Proceeding eastwards from Reigate towards Redhill, passing the grammar school and police station on the right and past Shaws Corner war memorial and Hatchlands Primary School, the premises are a short distance on the right just before Reffells Bridge.

LOCATION

The premises are located in a built-up area of Redhill about half a mile to the west of the town centre shopping precincts and main line station. Donyngs Recreation Centre and the Linkfield Corner public car park are on the other side of Reffells Bridge. Access onto the M25 at the top of Reigate Hill (Junction 8) is about 1½ miles. Gatwick Airport is about 7 miles to the south.

DESCRIPTION

Recently trading as Blooming Crafts, the unit comprises a ground floor lock-up shop with shared entrance lobby with maisonette 9A. The shop has suspended timber flooring, headroom of over ten ft, full height shop window, smoke alarm, two fitted wall-mounted heaters, double glazed rear window, spotlights with tracks, separate WC and kitchen area with counters and worktops in the rear section.

 ACCOMMODATION

In summary, all measurements approximate, the accommodation comprises:

Internal frontage 14’ 10”. Shop depth 35’

Open plan retail area in three sections:-

14’10” x 16’3”            – 241’

18’7” x 9’5”                – 175’

17’5” x 9’4”                – 163

NET INTERNAL AREA  579 SQ FT (53.79m²)

RATING

RV £9,400  UBR 49.1p in the £ 2019/2020.

Reigate & Banstead Borough Council Tel: 01737 276691 – Commercial rates department.

LEASE TERMS

A new ten year internal repairing and insuring lease is available inside the Landlord and Tenant Act 1954 with rent review at the end of the year 5.

LEGAL COSTS

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

RENT

£11,950 per annum exclusive

VIEWING

By prior appointment with our office.  Tel:  01737 245886 (Ref MS/JN/17.06.19).

NB The premises may qualify for small business rates relief and the local authority will be able to advise individual applicants.

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