The property is an end of terrace unit primarily arranged over the ground floor.
( Agency Pilot Software Ref: 15048 )
Location
The property is located in North Cheam on the A24. It is situated in a local retailing area at the end of a terrace of retail properties which are occupied by a variety of uses. It is located adjacent to Asda who have customer parking and there is parking to the front in a service road off the A24.
Accommodation
GF Sales Area 1,524 sq ft( 141.58 sq m)
GF Rear Store / Staff Room 569 sq ft (52.86 sq m)
First Floor Ancillary 108 sq ft( 10.03 sq m)
TOTAL 2,201 sq ft (204.47 sq m)
Terms
RENT £40,486.56 pax.
TENURE The property is held on a lease from 29/10/13 for a term of 15 years. There is a tenant’s option to break on 29/10/23. Rent reviews are 5 yearly upward only to RPI subject to an annual cap of 4% and collar of 1%. Next rent review 10/23.
RATES Rateable Value - £21,250 (2017).
VAT VAT will be chargeable on the terms quoted.
LEGAL COSTS Each party is to be responsible for their own legal fees.
EPC The EPC for this property is D