The three-storey mid-terraced property is of traditional brick construction beneath a pitched tiled roof, and forms part of a parade of similar premises. The subject premises form the ground floor lock-up shop.
( Agency Pilot Software Ref: 318 )
Location
The property is prominently located on the eastern side of Grand Drive in a local shopping parade, within a densely populated residential area. Grand Drive (B279) leads directly to Raynes Park Mainline BR Station approximately one mile to the north. Both the A3 and A24 are in close proximity.
Accommodation
The premises have the following approximate floor areas:
Ground Floor 102.67 sq m (1,105 sq ft )
Total Gross Internal Floor Area: 102.67 sq m (1,105 sq ft)
Terms
The ground floor shop is available on a new long lease of 250 years, subject to a peppercorn Ground Rent.
VAT: The property has not been elected for VAT. Price: We are instructed to seek £250,000 for the long Leasehold interest.
Rates: According to the VOA website, the property has a Rateable Value of £7,300. Therefore, Rates Payable in the current financial year for 2019-2020 are £3,679.20.
NB: Please note that the rates actually payable may be subject to transitional relief. For a more accurate assessment of rates payable for the current year, please contact the Local Authority.
EPC: The property has a current rating of C (57).
Legal Costs: Each party is to be responsible for their own costs in this transaction.
Important Note: Centro Commercial have not tested any services, heating system, electrical system, appliances, fixtures and fittings, that may be included in this property and would advise interested parties to satisfy themselves as to their condition or investigating the presence of any deleterious materials.
Specification
- Electric security roller shutter to shop front
- Monitored alarm system
- 3 phase power
- Security grille / shutter to rear door
- Shower
- WC/Cloakroom facilities