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Location
Situated in the heart of Sutton, the property is just 2 minutes’ walk from Sutton Main line Rail Station and Sutton town centre with its thriving retail, restaurant and leisure facilities. Regent parade can be found on the A217 Brighton Road, Sutton, approximately 8 miles north of the M25 at Junction 8.
Description/Accommodation
This retail accommodation is currently being used as a video rental store/internet café and, as such, would be suitable for similar use. However, other retail uses will be considered.
The accommodation has the approximate net internal areas as follows:
Ground Floor Shop/Showroom
1,370 sq ft/127 sq m (plus kitchen & toilet)
Amenities:
The premises have the benefit of:
- Recent re-decoration
- ADT Alarm system
- Strip lighting
- Kitchen & toilet facilities
Terms
The property is available by way of assignment of the current Lease. This is for a term until July 2017.
LEASEHOLD - £17,000 PER ANNUM EXCLUSIVE (subject to an outstanding rent review)
We are seeking a premium to cover assignor’s reasonable costs.
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Energy Performance Certificate:
Energy Performance Certificate available for inspection (Rating C).
Legal
Costs
Each party to bear their own legal costs.
Business
Rates
According to the Government website the property has a Rateable Value of £18,000. The UBR for 2011/2012 is 43.3p in the £.
Viewing
Strictly by appointment only with Agents Gildersleve and Payne.
Contact Nick Payne MRICS
Tel: 01883 723888 email info@gpcommercial.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 |
