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End Of Terrace Retail Unit , 5 Stonecot Hill, North Cheam, SM3 9HB

2,201 Sq Ft / Retail / Retail - High Street

To Let - £40,486.56 per annum

Available - Last updated: 10 April 2019

The property is an end of terrace unit primarily arranged over the ground floor on the busy A24. The unit has rear access.
( Agency Pilot Software Ref: 15048 )

Location

The property is located in North Cheam on the A24. It is situated in a local retailing area at the end of a terrace of retail properties which are occupied by a variety of uses. It is located adjacent to Asda who have customer parking and there is parking to the front in a service road off the A24.

Accommodation

Staff Room 569 sq ft (52.86 sq m )

First Floor Ancillary 108 sq ft (10.03 sq m)

TOTAL 2,201 sq ft (204.47 sq m)

Terms

RENT £40,486.56 pax.

TENURE The property is held on a lease from 29/10/13 for a term of 15 years. There is a tenant’s option to break on 29/10/23. Rent reviews are 5 yearly upward only to RPI subject to an annual cap of 4% and collar of 1%. Next rent review 10/23.

RATES Rateable Value - £21,250 (2017).

VAT will be chargeable on the terms quoted.

LEGAL COSTS Each party is to be responsible for their own legal fees.

EPC The EPC for this property is D.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £40,486.56 per annum

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Contact agents

Nigel Evans

SHW

020 3369 3763



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