The premises comprise a front and rear retail area with a toilet and storage to the rear. The property has a suspended ceiling and spotlights to the front area and has recently been redecorated.
Location
The premises occupy a good location within the main section of the High Street.
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 providing regular services to Croydon and London.
Accommodation
The accommodation and net internal floor areas are as follows:-
Frontal retail area - 297 sq.ft (27.6 sq.m)
Rear retail area - 168 sq.ft (15.6 sq.m)
Storage - 18 sq.ft (1.7 sq.m)
Total - 483 sq.ft (44.9 sq.m)
Terms
TERMS - The property is available to let on a new full repairing and insuring lease, for a term to be agreed, at an initial rent of £12,000 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 £9,000. 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 D (90).
COSTS - Each party is to bear their own legal costs.
Specification
- Ground floor Class E / retail / office unit
- Good location on Caterham High Street
- Total Net Internal Area 483 sq. ft. (44.9 sq.m)
- Close to Caterham railway station and M25 / M23
- Available immediately by way of new lease
- Rent £12,000 per annum exclusive (subject to contract)