The two-storey mid-terraced property is of traditional brick construction with rendered elevations beneath a pitched tiled roof. The property comprises a ground floor lock-up shop and self-contained maisonette above which has been sold off on a long lease.
Location
The property is located in a prominent position on the eastern side of Banstead Road, close to the junction with Waverley Way. Banstead Road is a popular retail parade with a number of national and local retailers being represented. Nearby occupiers include Corals Bookmakers, Lorrimars, Lloyds Pharmacy and Coughlans Bakery.
Accommodation
The premises have an internal floor area of approximately 84.48 sq m (909 sq ft).
There are two car parking spaces to the rear of the property accessed via a service road from Waverley Way.
All dimensions and measurements are approximate, however these are based upon the principles laid down in accordance with the RICS Code of Measuring Practice.
Terms
Important Note: Centro Commercial have not tested any services, heating system, electrical system, appliances, fixtures and fittings, that may be included in this property and would advise interested parties to satisfy themselves as to their condition or investigating the presence of any deleterious materials.
Terms: The premises are available Freehold with full vacant possession of the ground floor shop. The self-contained maisonette has been sold off on a long lease for a term of 99 years from 18 May 1984.
Price: We are instructed to seek £165,000 for the Freehold interest.
VAT: VAT will not be applicable to the purchase price.
Rates: According to the VOA web site, the property has a Rateable Value of £8,500. Therefore, the Rates payable in the current financial year for 2013-2014 are £4,003.50.
Specification