Location
The property forms part of a mixed use parade on the north side of this very busy stretch of the main A23 Brighton Road close to the junction with Old Lodge Lane.
The property is well served by public transport with local buses passing the door and with Reedham Station being just around the corner. Short term parking is available outside the property and there is a large car par opposite.
Description/Accommodation
The property comprises a good sized open plan retail space with a large basement to the lower ground floor, this basement has most recently been in use as a Boxing Gym and benefits from two WC’s as well as pedestrian access to the rear.
The property would suit a variety of uses including retail, restaurant and leisure use.
Use
Use Class E
Approximate net internal areas
Ground Floor
22 sq m - 236 sq ft
Basement
82.03 sq m - 883 sq ft
Total
104.03 sq m - 1119 sq ft
Terms
A new effective full repairing and insuring Lease is available for a term of years to be agreed.
Rent
£13,000 per annum plus VAT (if applicable), Subject to Contract.
Business Rates
According to the Government Website the current Rateable Value of the property is £23,250. The UBR for 2023/24 is 49.9p in the £. NB: Small Business Relief may apply. For more details contact the Business Rates Department at Croydon Council.
Legal costs
Each Party to be responsible for their own legal costs incurred in this transaction.
Energy Performance Certificate
Rating C (68). Full information 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