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 large double fronted unit in the centre of the Kingsway Parade Property.
The property has most recently been occupied by a Flooring Retailer but would suit a variety of other uses under the broad E Class Use Category.
There is also the possibility of splitting the unit to create two smaller retail spaces. Please contact us for more information.
Approximate net internal areas
Ground Floor
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Retail
203 sq m - 2190 sq ft
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Rear
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Garaging Store
32.44 sq m - 349 sq ft
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Total
236 sq m - 2539 sq ft
Terms
The unit is available to let by way of a new effective full repairing and insuring Lease outside of the Landlord & Tenant Act 1954 Part 2.
Rent
£47,500 per annum subject to contact (plus VAT if applicable).
Business Rates
According to the Government website the property has a Rateable Value of £30,250 . 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
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