Location
Caterham is a town in the Tandridge district of Surrey, conveniently located on the A22 a little of a mile from the M25. Croydon is approximately 8 miles north and Redhill approximately 7 miles south west. The town is divided into two areas being Caterham-on-the-Hill and Caterham Valley, which includes the Town Centre
The subject property is located on Croydon Road which sits adjacent to Waitrose, the Railway Station and the Town’s main car park. The site sits between Church Walk Shopping Centre and a new development comprising a new Lidl supermarket is under construction next door to the parade and when open will generate greater footfall along the parade.
Other notable occupiers in the immediate vicinity include Subway, Magnet and Cubitt & West.
Description/Accommodation
The premises comprises a ground floor retail unit.
Approximate net internal areas
Gross Frontage
5.49 m - 18 ft 0 ins
Internal Width
5.46 m - 17 ft 11 ins
Built Depth
16.48 m - 55 ft 3 ins
Sales area
88.26 sq m - 950 sq ft
Terms
A new effective full repairing and insuring lease for a term of years to be agreed at a rent of £20,000 per annum exclusive plus VAT (if applicable), Subject to Contract.
Business Rates
Current Rateable Value £14,000
Rateable Value from 1st April 2023 £18,500
Rate in the £ (2023/24) 49.9p
Prospective occupiers should make their own enquiries to verify this information.
Legal costs
Each Party is responsible for their own legal costs incurred in this transaction.
Energy Performance Certificate
The property is rates within Band C. A copy of the EPC is available upon request.
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