Retail premises to let in Croydon Road, Caterham CR3

Location

The property occupies an excellent location within the centre of Caterham Valley close to a good selection of shops, restaurants and other local amenities. Caterham benefits from good road and rail connections with Junction 6 of the M25 close-by at Godstone. There is also a Mainline Railway Station within easy walking distance providing regular services to Croydon and London.

Description & accommodation

Ground floor Class ‘E’ / retail unit. A new entrance providing access to the flat above is in the process of being constructed. A plan showing the proposed layout is below which will comprise a front retail area with a spacious kitchen / ancillary area to the rear together with separate male and female toilets. The retail area has been fitted out to a good standard with a suspended ceiling, modern shop front, air-conditioning and perimeter trunking. There is also 1 parking space at the rear accessed from Colin Road. The proposed accommodation and net internal floor areas will be as follows:-

Ground Floor Retail 378 sq.ft (35.1 sq.m)
Rear Ancillary & kitchen 148 sq.ft (13.7 sq.m)
Total 526 sq.ft (48.9 sq.m)

Outside 1 parking space (accessed via Colin Road)

Terms

The premises are available to let on a new full repairing and insuring lease for a term to be agreed at an initial rent of £15,000 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 £13,750. The current ubr is 49.9 pence in the £. We understand that 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 (97).

Legal costs - Each party to bear their own costs.