The rare opportunity to occupy a characterful and impressive return fronted retail unit in the heart of the affluent Lesbourne Village in Reigate.
The shop is undergoing extensive refurbishment throughout to provide a high-quality space with an abundance of natural light. The property briefly comprises ground floor sales with new customer and staff w/c facilities, ancillary basement office and storage. There is a 3-phase power supply installed in the shop.
( Agency Pilot Software ref: 30875 )
Location
The property is situated in the highly regarded and affluent Surrey town of Reigate. Lesbourne Road is a well-established neighbourhood parade with a high density of residential dwellings and within close proximity to the town centre. There is high footfall from local residence, students and office staff in the nearby area
Located under 1 mile from Reigate train station with regular services directly to London (45-Minutes) and Gatwick is a 20-minute drive South. Linking Redhill to Reigate, Lesbourne Road (B2034) is an important through route between Redhill and Reigate towns and carries four bus routes linking to Gatwick in the South and Epsom in the North. It is also conveniently accessed via junction 8 of the M25.
A short walk away is the Omnibus building on Lesbourne Road that provides around 67,000 sq ft of Grade A office accommodation and brings a good amount of trade to the area. The passing traffic in Lesbourne Road is also high with on street parking outside the neighbourhood parades.
Reigate has a population of 23,788 as recorded in the 2021 census and remains a desirable retail destination with a good mix of both high-quality independent businesses and national occupiers.
Accommodation
Ground floor sales 1,152 sq ft ( 107sq m )
Basement 1,216sq ft ( 113 sq m |)
TOTAL 2,368 sq ft (220 sq m )
Terms
TENURE
A new effective full repairing and insuring lease by way of service charge.
RENT
Terms to be agreed at a commencing rent of £46,500 Per annum exclusive, subject to rent reviews at the appropriate intervals.
SERVICE CHARGE
There is a building fund / service charge calculated at 10% of the agreed rent.
RATES
The Rateable Value of the property is to be assessed.
VAT
VAT will be chargeable on the terms quoted.
LEGAL COSTS
Each party is to be responsible for their own legal fees.
EPC
Available upon request.