Retail premises to let in High Street, Caterham On The Hill CR3

Property summary

Ground floor Class E / retail / office unit
Good location on Caterham High Street
Total Net Internal Area 483 sq. Ft. (44.9 sq.m)
Close to Caterham railway station and M25 / M23
Available immediately by way of new lease
Rent £12,000 per annum exclusive (subject to contract)

Location

The premises occupy a good location within the main section of the High Street.
Caterham on the Hill benefits from good road and rail connections with Junction 6 of the M25 close-by at Godstone. Access to the M23 & M25 is also available close-by at Merstham. There is also a Mainline Railway Station within Caterham Valley providing regular services to Croydon and London.

Description & accommodation

The premises comprise a front and rear retail area with a toilet and storage to the rear. The property has a suspended ceiling and spotlights to the front area and has recently been redecorated.
The accommodation and net internal floor areas are as follows:-
Frontal retail area 297 sq.ft (27.6 sq.m)
Rear retail area 168 sq.ft (15.6 sq.m)
Storage 18 sq.ft (1.7 sq.m)
Total 483 sq.ft (44.9 sq.m)

Terms

The property is available to let on a new full repairing and insuring lease, for a term to be agreed, at an initial rent of £12,000 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 £9,000. 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 D (90).

Costs

Each party is to bear their own legal costs.