The property comprises a substantial Class ‘E’ / retail unit which was until recently used as a children’s soft play centre and cafe. The premises are well configured with a large rectangular retail area with storage space to the rear. There is some parking potentially available with the unit.
Location
The premises occupies an excellent location within the centre of Caterham Valley close to a wide variety of shops, restaurants and other local amenities and opposite the new supermarket / residential development.
Caterham benefits from good road and rail connections with Junction 6 of the M25 close-by at Godstone. There is also a Mainline Railway Station within easy walking distance providing regular services to Croydon and London.
Accommodation
The accommodation and net internal floor areas are as follows:-
Retail area - 3,261 sq.ft (302.96 sq.m)
Rear storage areas - 601 sq.ft (55.83 sq.m)
Total - 3,862 sq.ft (358.79 sq.m)
Terms
TERMS - The premises are available to let on a new effective full repairing and insuring lease for a term to be agreed at an initial rent of £45,000 per annum exclusive.
The existing fixtures and fittings are available by way of separate negotiation.
Subject to contract
VAT - We understand that VAT is not applicable to the rent.
RATES - The Valuation Office Agency Website describes the property as “Shop & Premises” and advises that the 2023 Rateable Value is £29,500. The current UBR is 49.9 pence in the £.
EPC - Awaiting EPC.
LEGAL COSTS - Each party to bear their own costs.
Specification
- Large Class ‘E’ / retail premises to let
- Excellent town centre location, close to all amenities
- Close to M25 Junction 6 and Caterham Railway Station
- Total net internal area 3,862 sq.ft (358.79 sq.m)
- Rent £45,000 per annum exclusive
- Parking potentially available