Location
The property occupies a prominent location with frontages on to both the main A23 Brighton Road and Old Lodge Lane.
The property is well served by public transport with numerous bus routes passing along Brighton Road and Reedham Station is a short walk from the property providing a regular service to East Croydon. The property benefits from on site parking and short term parking is also available along Old Lodge Lane.
Purley Town Centre lies approximately 1 mile to the north of the property.
Description/Accommodation
The property comprises a large ground floor area, currently separated into three individual showrooms, with rear storage/office and kitchenette and wc’s. The property would suit a variety of different uses and can be reconfigured accordingly. There is also a large area on the first floor which would be suitable for additional retail or showroom use as well as additional office/ancillary accommodation.
The property benefits from parking to the front as well as a loading door into a rear storage area.
Approximate net internal areas
Ground Floor
213 sq m - 2297 sq ft
First Floor
175 sq m - 1885 sq ft
Total
388 sq m - 4182 sq ft
Use
Use Class E
Terms
The property is available by way of a new full repairing and insuring lease for a term of years to be agreed.
Rent
£60,000 per annum, Subject to Contract.
VAT
We understand that VAT is not applicable.
Business Rates
According to the Government website the property has a Rateable Value of £34,750. The UBR for 2021/22 is 49.9p in the £.
Legal costs
Each Party to pay their own legal costs incurred in this transaction.
Energy Performance Certificate
The Energy Performance Ratings are as follows:
1 Old Lodge Lane: C (74)
Full information is available upon request.
Benefits include
Property Misdescriptions 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