A substantial ground floor restaurant (Class E) with a wide frontage to Brighton Road and potential for outside seating to the front (subject to obtaining consent). The unit is largely open plan with ancillary preparation and storage areas and separate male and female toilets. The unit benefits from air-conditioning and mechanical ventilation and sliding sectional glazed doors at the front.
Location
The property is located in the centre of Coulsdon. Brighton Road comprises a vibrant mix of retailers, bars and restaurants with a large Aldi Supermarket close by. There is free on street parking (30 minutes) available on Brighton Road. The M25/ M23 (Junction 7) is 4 miles to the south and Coulsdon South Station is close by.
Accommodation
Restaurant - 1,784 sq ft (165.74 sq m)
Ancillary - 395 sq ft (36.70 sq m)
Total GIA - 2,540 sq ft (236 sq m)
Terms
TERMS - The premises are available to let on a new full repairing and insuring lease for a term to be agreed at an initial rent of £48,000 per annum plus service charge.
Subject to contract
VAT - We understand that VAT is not applicable to the rent.
RATES - The Valuation Office Agency Website describes the property as “restaurant & Premises” and advises that the 2023 Rateable Value is £31,250. The current UBR is 49.9 pence in the £. Further enquiries in this respect should be made to Croydon Council.
EPC - This property has an EPC Rating of C (68)
LEGAL COSTS - Each party to bear their own costs.
Specification
- Large Restaurant / Class E unit to let
- Prominent Town centre location
- Close to M23 / M25 Junction 7 and Coulsdon South Railway Station
- Total Area 2,540 sq.ft (Gross Internal Area)
- Rent £48,000 per annum
- Potential for outdoor seating
- No premium