(Retail/Leisure Use)

PROPERTY TO LET

Approximately 410.90 sq m  (4,423 sq ft)

  •  Suitable for a variety of  other uses in the Commercial Use Class E
  • Prominent position

38-40 High Street, Croydon, Surrey, CR0 1YB

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Location:
The property is located in a prominent position on the pedestrianised section of Croydon High Street close to Grants Entertainment Centre opposite St George’s Walk regeneration site.  Nearby occupiers include Nandos, Wetherspoons ‘Milan Bar’, Toni and Guy and Five Guys and the premises are within close proximity of various town centre pubs and clubs.

Description/Accommodation:
The property has most recently been in use as a restaurant and all of the existing fixtures, fittings and equipment are in situ and available if required, but the unit will suit a variety of other uses, including retail, office and leisure uses.

The space is arrange over ground floor and basement giving an excellent open plan layout.

THE APPROXIMATE NET INTERNAL AREAS ARE AS FOLLOWS

Ground Floor

292.27 sq m

3,146 sq ft

Lower Ground Floor

118.63 sq m

1,277 sq ft

Total

410.90 sq m

4,423 sq ft

Terms:                                                                                                                   
The premises are available on a new full repairing and insuring lease for a period of years to be agreed at a rent of £100,000 per annum exclusive, subject to contract.  Plus VAT (if applicable).

Use:                                                                                                             
Use Class E (Commercial Business & Service) which permits a wide variety of uses.  To confirm if your business would be suitable please check the explanatory memorandum provided by The Government: https://www.legislation.gov.uk/uksi/2020/757/pdfs/uksiem_20 200757_en.pdf

Service Charge:
£2,940 pa plus VAT

Business Rates:                                                                                   
According to the Government website the Rateable Value is £77,500.  The UBR for 2021/22 is 51.2p in the £.   The Rates payable (2020/2021) are £39,680 per annum.

Legal costs:                                                                                                  
Each party to be responsible for their own legal costs.

Energy Performance Certificate:                                                               
Full information available upon request.  EPC Rating:  E  (121).

Viewing                                                                                                 
For further information, or to arrange an inspection please contact Sole Agents Gildersleve & Payne:
David Sutton BA (Hons) Email:  davids@gpcommercial.co.uk
or Nick Payne MRICS Email: nickp@gpcommercial.co.uk
 

Property Misdescriptions Act 1991 Please note the agents have not carried out a survey, have not made planning enquiries nor tested any of the equipment, apparatus, fixtures, fittings, services or land and are therefore not able to verify their condition, or suitability for their purpose

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

   
114 Brighton Road, Purley, Surrey, CR8 4DB
114 Brighton Road, Purley, Surrey, CR8 4DB
114 Brighton Road, Purley, Surrey, CR8 4DB

114 Brighton Road, Purley, Surrey, CR8 4DB

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