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.
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 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)
Terms
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.
Specification
- Ground floor Class E / Retail / Office unit to let
- Good location on Caterham High Street
- Total area 428 sq. ft. (39.76 sq. m.)
- Close to Caterham railway station and M25 / M23
- Rent £10,950 per annum exclusive (subject to contract)