Retail / Office / Commercial Class E Use Property Available to Let in Caterham on the Hill, Surrey.
The premises benefit from a retail / office area which is currently divided into a number of rooms however could be reconfigured to provide one, open plan space. There is a kitchenette and toilet to the rear of the unit.
Location
The premises occupy a good location on the High Street on Caterham on the Hill.
Caterham on the Hill benefits from good road and rail connections with Junction 6 of the M25 close-by at Godstone. Access to the M23 & M25 is also available close-by at Merstham. There is also a Mainline Railway Station within Caterham Valley (Zone 6) providing regular services to Croydon and London.
Accommodation
The accommodation and net internal floor areas are as follows:-
Main Retail / Office Area 256 sq.ft (23.78 sq.m)
Kitchenette 10 sq.ft (0.93 sq.m)
Total 266 sq.ft (24.71 sq.m)
Terms
TERMS - The premises are available by way of an assignment of the existing lease until November 2030, with a tenant break clause in November 2027, at a rent of £9,000 per annum exclusive. 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 £5,100. The current UBR is 49.9 pence in the £. We understand the premises may qualify for Small Business Rates Relief. Further enquiries in this respect should be made to Tandridge District Council.
EPC - This property has an EPC Rating of C (57).
COSTS - Each party is to bear their own legal costs.
Specification
- Ground floor Class E / retail / office unit
- Good location on High Street, Caterham on the Hill
- Total Net Internal Area 266 sq. ft. (24.71 sq. m.)
- Close to Caterham railway station and M25 / M23
- Available immediately by way of lease assignment
- Rent £9,000 per annum exclusive (subject to contract)