Location
The property is located on the main Croydon Road (A232) which links West Wickham, Keston and Orpington.
The property sits within a busy retail parade with neighbouring occupiers including Wicks Builders Merchant, CoOp Food, and William Hill Bookmakers, as well as a number of local and independent retailers including a large number of food and beverage operators.
Description/Accommodation
The premises comprises a good sized ground floor retail unit with a separately accessed two bedroom flat above, together with garden, rear access and a garage. In addition there is off street parking to the rear of the property.
Approximate net internal areas
Ground Floor
-
Retail
41.53 sq m - 447 sq ft
Ancillary
11.90 sq m - 128 sq ft
Tenancies
The entire property is let and occupied by The Pet Place who are holding over on a Lease at a current rent of £13,500 per annum exclusive.
The residential accommodation comprises a lounge, 2 bedrooms, bathroom/wc and kitchen with carpeting, central heating and double glazing. The accommodation benefits from access from Croydon Road and from the rear.
Terms
The freehold interest is available for sale subject to the existing tenancies at a price of £385,000, subject to contract. Plus VAT (if applicable).
Business Rates
According to the Government website the property has a Rateable Value of £9,600 . The UBR for 2024/5 is 49.9p in the £.
Legal costs
Each Party to be responsible for their own legal costs incurred in this transaction.
Energy Performance Certificate
Energy Performance Certificate: C (64). Full information available upon request.
Benefits include
More informationArrange an inspection
Strictly by appointment with Sole Agents
Gildersleve & Payne: 01883 723888
Nick Payne
Email: nickp@gpcommercial.co.uk
David Sutton
Email: davids@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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