Sales - Retail  

15 Raglan Shopping Centre, Town End, Caterham on the Hill,  SURREY, CR3 5UG

TRIPLE FRONTED SHOP UNIT
TO LET

(BUSINESS ALSO AVAILABLE IF REQUIRED)

 

Frontage                      14.15 m        (46’5)
Ground Floor              119.5 sq m  (1286 sq ft)
 Lower Ground Floor     43.4 sq m   ( 467 sq ft)

Total                       162.9 sq m  (1753 sq ft)

 

Location
The property occupies a prominent corner position in the heart of the Raglan Shopping Centre which is the primary retail location for Caterham on the Hill.  This centre has the benefit of two free car parks; one within the Centre itself and a Local Authority Car Park immediately behind this unit. 

Accommodation
The property has traded as a number of years as a Health and Beauty Salon and has recently been refitted to an extremely high standard by the current Owners.  The Unit enjoys a triple frontage and internally it is divided to provide a reception area with relaxation zone behind, individual treatment rooms, shower room and wc and with a new hairdressing salon within the lower ground floor area.

Alternatively the unit can be provided with vacant possession.

Frontage                      14.15 m        (46’5)
Ground Floor               119.5 sq m  (1286 sq ft)
Lower Ground Floor     43.4 sq m   (   467 sq ft)

Total                           162.9 sq m  (1753 sq ft)

Lease
The lease is due to expire on 23rd January 2016.  The current rent is £17,650 per annum which is due for review on the 24th January 2011.

Terms
The lease is available for assignment at nil premium subject to contract.

Business:
If required the existing business can be transferred to include goodwill, fixtures and fittings and the benefit of the above lease in the sum of £50,000 subject to contract with stock at valuation.

 

Energy Performance Certificate:
Awaiting Energy Performance Certificate.

Legal Costs
The Purchaser to be reasonable for both parties’ Reasonable legal costs incurred in this transaction.

Business Rates
According to the Government website the property has a Rateable Value of £14,750.  The UBR fo r2011/12 is 42.6p in the £.

Viewing
Strictly by appointment with Joint Sole Agents

Gildersleve & Payne Contact Peter Gildersleve FRICSTel: 01883 723888 Email info@gpcommercial.co.uk
Or Arnold & Baldwin Contact Joe Arnold Tel 01883 348444 Email:  info@arnoldandbaldwin.co.uk

Property Midescriptions Act 1991
Please note the agents have not carried out a survey, have not made planning enquiries nor tested any of the equipment, apparatus, fixtures, fittings, services or land and are therefore not able to verify their condition, or suitability for their purpose

Code of Practice
Applicants should be aware that the code of practice
on commercial leases in England and Wales strongly
recommends you seek professional advice from a
qualified Surveyor, Solicitor or Licenced Conveyencer
before agreeing or signing a Business Tenancy
Agreement. The Code is available through
professional institutions and trade associations or
through the website www.leasingbusinesspremises.co.uk