Location
The property is situated on London Road, (A24) North Cheam, close to the junction with Stains Avenue and Langley Avenue and forms part of a well established parade close to Aldi and other retailers.
Description/Accommodation
The property comprises a large retail unit arranged over ground and lower ground floors with storage, kitchen and wc facilities.
The property has the benefit of rear access and on site car parking via a service road.
Use
Use Class E
Approximate net internal areas
Ground Floor
93.74 sq m - 1,009 sq ft
Basement
80.36 sq m - 865 sq ft
Total
174.1 sq m - 1,874 sq ft
Frontage
5.32m - 17’4”
Terms
The property is available to let on a new Lease for a term to be agreed at a rent of £19,500 per annum exclusive, subject to contract.
VAT
We understand that VAT is not chargeable on the rent.
Business Rates
According to the Government Website the Rateable Value is £12,750 and 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
The Energy Performance Rating is C (61). More information 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