WELL PRESENTED GROUND FLOOR LOCK-UP SHOP TO LET ON NEW LEASE – WALTON-ON-THE-HILL, SURREY

Under offer
WELL PRESENTED GROUND FLOOR LOCK-UP SHOP  TO LET ON NEW LEASE – WALTON-ON-THE-HILL, SURREY

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The property is on the north side of Walton Street close to a mix of local retailers and to the village primary school, and about 300 yards from the Coop convenience store. There are bus stops (route 360) outside and opposite. Walton on the Hill is an affluent locality convenient for the town centres of Epsom, Sutton and Reigate and about four miles from junction 8 of the M25 at the top of Reigate Hill.

DESCRIPTION

The premises comprise a ground floor lock-up shop with tarmac forecourt in a three storey brick and tiled building next to Walton Pharmacy. The rectangular shaped retail area was refurbished in early 2016 with replacement lighting, laminate flooring, alarm system and CCTV. The gas central heating and made to measure security grills were installed by the outgoing tenants and will be removed unless the incoming tenants wish to purchase. The area to be leased includes the forecourt as shown on the plan overleaf. There is a right of way over the side pathway shaded blue for refuse collection.

ACCOMMODATION

In summary, all measurements approximate, the accommodation comprises:-

Retail area: 13’11” x 30’. Laminate flooring. Headroom
9’3” with false ceiling and inset lighting 418 sq ft
Lobby through to rear room and kitchen

Rear room: 10’8” x 12’11”. Inset lighting 138 sq ft

Kitchen (rear): 9’7” x 7’11” worktop with sink and cupboards, wall
units, two built in cupboards and rear security door 76 sq ft

Separate WC: Modern suite & handbasin —-

NET INTERNAL FLOOR AREA 632 sq ft (58.71m²)

Tarmac forecourt with steps, ramp and railings.

RATING

RV £6,700 UBR 51.2p in the £ 2020/2021.
Reigate & Banstead Borough Council Tel: 01737 276691.

The premises currently qualify for small business rates relief.

LEASE TERMS

New internal repairing and insuring lease for five/ten years outside the Landlord & Tenant Act 1954.

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.

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