Location
The property is located just off the A2022 on a busy local shopping parade, which lies between Selsdon and New Addington. The A2022 provides access west to the Purley Way (A23, approx 4 miles from the property), which in turn provides access south to the M25 at Junction 7. The area benefits from excellent tram links north to South Croydon and Wimbledon, with the Gravel Hill and Addington Village tram stops within walking distance of the property.
Description/Accommodation
The accommodation comprises self-contained double fronted retail premises with well presented rear storage as well as staff wc’s, fully fitted kitchen and staff break-out area. There is also a single car garage located to the rear of the property which could be included but the Landlord will retain if not required.
Approximate net internal areas
Retail
58.34 sq m - 628 sq ft
Rear Storage
29 sq m - 313 sq ft
Total
87.42 sq m - 941 sq ft
Terms
The property is available to let on a new full repairing and insuring lease for a term to be agreed at a rent of £22,000 per annum exclusive plus VAT (if applicable), this is to include the single car garage at the rear of the property, if the garage is not required a rent of £20,000 per annum is sought for the shop alone. Subject to Contract.
Business Rates
According to the Government website the combined Rateable Value is £15,000. The UBR for 2023/24 is 59.9p in the £. NB Small Business Relief may apply.
Legal costs
Each party to bear their own legal costs.
Energy Performance Certificate
Awaiting Energy Performance Certificate
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