The premises comprise an attractive office/retail unit with plenty of storage and 4 parking spaces. The ground and first floors can either be occupied as one or separately.
Location
The premises occupy a good location on the B2220 Walton Street which is the principal road running through Walton on the Hill.
Walton on the Hill is an attractive and affluent village situated midway between Reigate and Epsom and is just inside the M25, benefitting from good road and rail connections with Junction 8 of the M25 close by at Reigate Hill. Tadworth Railway Station is a short distance away providing regular services to Croydon and London.
Accommodation
Ground floor front - 429 sq.ft (39.86 sq.m)
Ground floor rear - 413 sq.ft (38.37 sq.m)
Garage - 120 sq.ft (11.15 sq.m)
External Store - 322 sq.ft (29.91 sq.m)
Ground Floor Total - 1,284 sq.ft (119.29 sq.m)
First Floor - 556 sq.ft (51.65 sq.m)
Outside – 4 Parking Spaces
Terms
TERMS - The premises are available to let on new effective full repairing leases for a term to be agreed at the following initial rents:
Part Ground Floor: £17,500 per annum exclusive
First Floor: £11,000 per annum exclusive
Whole: £27,500 per annum exclusive
Subject to Contract.
RATES - The Valuation Office Agency Website describes the part ground floor as “Shop and Premises” and advises the 2017 Rateable Value is £9,000. The first floor is described as “Office and Premises” and the 2017 Rateable Value is £7,000.
The UBR for 2021/22 is 49.9 pence in the £. We understand that the ground and first floors may qualify for Small Business Rates Relief individually. Further enquiries in this respect should be made to Reigate & Banstead Council.
VAT - We understand that VAT is not applicable to the rent.
EPC - The part ground floor has an EPC Rating of D (96).
The first floor has an EPC Rating of D (83).
COSTS - Each party to bear their own costs.
Specification
- Ground floor retail / Class ‘E’ and first floor office premises
- Suitable for a variety of uses
- Attractive Village location
- Total area 1,840 sq.ft. (170.94 sq.m.)
- 4 parking spaces
- Rent £11,000 to £27,500 per annum exclusive