Retail premises to let in High Street, Caterham CR3

Location

The premises occupy a good location within the main section of the High Street in Caterham on the Hill. The High Street benefits from on-street parking (1 hour free), as well as pay and display car parking close by. The High Street has a diverse mix of independent businesses and well-known national occupiers.

Accommodation

The shop is configured to provide a front retail area together with a kitchen / store and toilet at the rear. The shop benefits from a modern glazed shop front and tiled flooring.

The accommodation and internal floor areas are as follows:-
Retail Area 380 sq.ft (35.30 sq.m)
Kitchen / Store 48 sq.ft (4.46 sq.m)
Total 428 sq.ft (39.76 sq.m)

Tenancy

The property is available to let from March 2024 on a new full repairing and insuring lease, for a term to be agreed, at an initial rent of £10,950 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 £8,500. 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 (59).

Costs - Each party is to bear their own legal costs.