Location
The property is situated in the centre of Warlingham which has a good selection of shops and restaurants/takeaways. Upper Warlingham and Whyteleafe Railway Stations are within easy driving distance and Junction 6 of the M25 is accessed at Godstone via the A22.
Description/Accommodation
The property is in the middle of terrace of three retail units, two of which are occupied by Streeter Marshall Solicitors. The subject property connects at ground floor level with the adjoining property (416) occupied by Streeter Marshall.
The first floor maisonette is sold off on a Long Lease.
The ground floor benefits from the following amenities:
Approximate net internal areas
Ground Floor
46.75 sq m - 503 sq ft
Kitchen
1.79 sq m - 19 sq ft
Total
48.54 sq m - 522 sq ft
Tenancy Details
Ground Floor: Let to Streeter Marshall Solicitors on an effective full repairing and insuring Lease from 12th July 2018 expiring on the 30th November 2027 at a current rent of £13,500 per annum exclusive.
The residential upper parts have been sold off on a 99 year Long Lease with a current ground rent of £60 per annum
Terms
The freehold interest is for sale subject to the Tenancy described above in the sum of £220,000, Subject to Contract plus VAT (if applicable).
Business Rates
According to the Government website the property has a Rateable Value of £11,000. The UBR for 2023/24 is 49.9p in the £.
Legal costs
Each Party to be responsible for their own legal costs incurred in this transaction.
Energy Performance Certificate
Awaiting Energy Performance Certificate.
Benefits include
More informationArrange an inspection
Strictly by appointment with Sole Agents
Gildersleve & Payne: 01883 723888
David Sutton
Email: davids@gpcommercial.co.uk
Nick Payne
Email: nickp@gpcommercial.co.uk
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
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