Location
The property occupies a good central position within the commercial parade in Whyteleafe Village facing the main A22 London to Eastbourne Trunk Road. There is a public car park serving the shopping area together with some short term on street parking on the opposite side of the road. The property is also on a main bus route and is close to both Upper Warlingham and Whyteleafe Railway Stations.
Description/Accommodation
The accommodation is arranged on three floors and is currently fitted out as a takeaway restaurant.
The lower ground floor is used for food preparation and storage and the upper floor is currently used for food preparation and storage. The upper floor is currently used as storage but has potential for conversion into a small residential unit.
In addition there is rear access and parking.
Approximate net internal areas
Lower Ground Floor
29.8 sq m - 321 sq ft
Ground Floor
28.2 sq m - 304 sq ft
First Floor
42.2 sq m - 455 sq ft
Total
100.2 sq m - 1,080 sq ft
Tenancy Details
The property is let on an effective full repairing and insuring Lease inside the Landlord & Tenant Act 1954 for a period of 15 years from 9th February 2023 with a current rent of £14,500 per annum exclusive and subject to 5 yearly rent reviews.
Terms
The Freehold interest is available subject to the existing Tenancy in the sum £200,000 plus VAT (if applicable), Subject to Contract
Business Rates
According to the Government Website the property has a Rateable Value of £5,400. The UBR is 49.9p in the £. Small Business Relief may apply. (For more information call the Business Rates Department at Tandridge District Council on 01883 722000.)
Legal costs
Each Party to be responsible for 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