Location
The property is situated on the corner of the junction of Banstead Road (B2030) and Oak Road in Caterham on the Hill.
The main centre of Caterham on the Hill is located approximately 0.6km to the south and this provides a range of retail and leisure amenities including the Raglan Shopping Precinct.
The main commercial centre of the Town of Caterham itself is nearby and provides a larger range of retail and leisure facilities, including the Church Walk Shopping Centre and Caterham Railway Station.
Description
The property comprises a mix of office and workshop accommodation, external stores, three garages and yard area which is accessed directly off Oak Road.
There are two distinct areas of workshop space within the property, via the side opening black partially glazed doors, opening onto a large workshop space with overhead mezzanine storage. This space has a small separate office and W/C located on the ground floor.
The second is accessed either via the main office or via the silver roller shutter which provides level loading into the rear of this area. This space also benefits from a kitchenette and W/C facilities. The office accommodation is arranged at the front of property fronting Banstead Road.
Approximate net internal areas
Ground Floor Workshop
289.19 sq m - 3112 sq ft
Mezzanine Storage
31.76 sq m - 342 sq ft
Office
32.70 sq m - 352 sq ft
External Stores
5.58 sq m - 60 sq ft
Garages
30.13 sq m - 324 sq ft
Total
391.49 sq m - 4214 sq ft
Terms
The property is available on a new full repairing and insuring Lease for a term to be agreed, subject to periodic rent reviews.
Rent
£42,500 per annum exclusive 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 pay their own legal costs incurred in this transaction.
Energy Performance Certificate
The Energy Performance Rating is C (72).
More information is available upon request.
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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