A well configured rectangular, open plan retail / Class E unit. The premises also benefit from a toilet and kitchenette to the rear and off-street parking to the front.
Location
The premises occupy a prominent location on the A23 Purley Way between Five Ways and Valley Park. Purley Way is a well known retail area with a good selection of major retailers such as Currys, M&S, Aldi, Next Home, Decathlon and Ikea at Valley Park. Waddon station is approximately half a mile away, with Wandle Park tram stop also nearby.
Accommodation
The accommodation and net internal floor areas are as follows:-
Retail Area 710 sq.ft (65.96 sq.m)
Kitchenette 11 sq.ft (1.02 sq.m)
Total Area 721 sq.ft (66.98 sq.m)
Exterior - 3 parking spaces to the front
Terms
TERMS - The premises are immediately available to let on a new full repairing and insuring lease, for a term to be agreed, at a rent of £20,750 per annum exclusive.
Interested parties should note that the 2-bedroom flat above may also be available to rent by separate negotiation.
Subject to Contract
VAT - We understand that VAT is not applicable to the rent.
RATING - The Valuation Office Agency Website describes the property as “Shop & Premises” and advises that the 2023 Rateable Value is £12,750. The current UBR is 49.9 pence in the £. We understand that the premises may qualify for Small Business Rates Relief. Further enquiries in this respect should be made to Croydon Council.
EPC - TBC
LEGAL COSTS - Each party is to bear their own legal costs.
Specification
- Prominent position on A23 Purley Way opposite Currys & Aldi
- Double fronted ground floor Class ‘E’ / Retail unit
- Potential for a variety of uses
- Total area of 721 sq.ft (66.98 sq.m)
- Rent £20,750 per annum exclusive
- Three parking spaces to the front
- 2-bed flat above may be available to rent by separate negotiation