FREEHOLD FOR SALE
- Ground floor retail unit
- Kitchenette to the rear
- Basement storage
- Subject to the existing Tenancy
217 Croydon Road, Caterham, Surrey, CR3 6PH
The property is located in a local retail parade on the Croydon Road in Caterham heading towards the main A22. Transport links nearby include a mainline train station with links to London via East Croydon and bus services.
The ground floor of the property is primarily open plan with a small kitchenette located to the rear. The basement is in use as storage with Customer and Staff WC.
THE APPROXIMATE NET INTERNAL AREAS ARE AS FOLLOWS
|Ground Floor Retail||36.42 sq m||392 sq ft|
|Basement/Storage||39.9 sq m||429 sq ft|
|TOTAL||76.32 sq m||821 sq ft|
The ground floor retail section of the property is currently occupied by Curl up and Dye Ladies Hairdressers on an informal tenancy paying £650 per calendar month. There is currently no lease in place but we understand that the Ten.ants would like to formalise their occupation.
The residential portion of the property is sold on a Long Leasehold from 1998 with approximately 103 year remaining, paying a ground rent of £50 per annum.
The freehold interest, subject to the tenancy described above is available for sale and offers are sought in the region of £140,000, plus VAT (if applicable). Subject to Contract.
According to the Government Website the current Rateable Value of the property is £7,100pa The UBR for 2019/20 is 49.1p in the £.
Each party to be responsible for their own legal costs.
Energy Performance Certificate:
Full information available upon request.
For further information, or to arrange an inspection please contact Sole Agents Gildersleve & Payne
Nick Payne MRICS E: email@example.com
David Sutton BA (Hons) E: firstname.lastname@example.org
Code of Practice Applicants should be aware that the code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified Surveyor, Solicitor or Licenced Conveyencer before agreeing or signing a Business Tenancy Agreement. The Code is available through professional institutions and trade associations or through the website www.leasingbusinesspremises.co.uk