- Large ground floor retail unit
- Rear stock/storage rooms, staff kitchenette and wc
- External rear yard
- Subject to the existing Tenancy
39/39a Holland Road, Hurst Green, Surrey, RH8 9AU
The property is located in a stand alone retail position in the Village of Hurst Green. Hurst Green is an affluent suburb of the Commuter Town of Oxted. Hurst Green Railway station is approximately half a mile from the property and gives excellent links to London Stations via East Croydon.
The ground floor of the property is primarily open plan given over to a large amount of retail space. To the rear of the property are stock/storage rooms, staff kitchenette and wc. There is also a garden to the rear of the property currently in use by the shop tenants.
THE APPROXIMATE NET INTERNAL AREAS ARE AS FOLLOWS
|Ground Floor Retail Area||136.35 sq m||1468 sq ft|
|Rear Stock/Storage Rooms||47.53 sq m||512 sq ft|
|External rear yard||67.12 sq m||722 sq ft|
The ground floor retail section is currently let to One Stop Stores Limited on a lease of 15 years from September 2009 (Expiry September 2024). Current rent £17,250 pa.
There is an outstanding rent review from the 25th September 2019.
The residential portion of the property has been sold on a long leasehold of 125 years from 1984 giving 89 years remaining. Current ground rent of £25 per annum rising to £50 per annum in 2024.
The freehold interest with the benefit of the tenancies described above is available for sale and offers are sought in excess of £250,000 plus VAT (if applicable), Subject to Contract.
According to the Government Website the current Rateable Value of the property is £17,500 pa . The UBR for 2020/21 is 49.9p 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: firstname.lastname@example.org
David Sutton BA (Hons) E: email@example.com
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