Location
Prominently situated adjacent to Coulsdon Town railway station, Smitham Yard is within a few minutes walk of Coulsdon Town Centre. Notable nearby occupiers include Waitrose, Boots and Aldi.
Coulsdon Town Station has regular services to East Croydon (19 minutes) and London Victoria (40 minutes) whilst Coulsdon South Railway Station, approximately 11 minutes walk from the premises, provides additional services to St Pancras International (36 minutes) and Gatwick Airport (20 minutes).
The M23 and M25 motorway lay just south of Coulsdon Town Centre providing access to the entire motorway network to Gatwick and Heathrow Airports.
Regular bus services provide good access to the surrounding areas including Redhill and Croydon Town Centres.
Description/Accommodation
Opportunity to acquire or occupy up to three ground floor self-contained commercial units forming part of a residential development overlooking Leaden Hill. The properties benefit from Class E (c)-(g) Use and F1 use.
There are a total of 5 car parking spaces on site. Glazing has recently been installed but the units are otherwise offered in shell condition.
Approximate net internal areas
Unit 1
169.57 sq m - 1,825 sq ft
Unit 2
203.06 sq m - 2,186 sq ft
Unit 3
129.95 sq m - 1,399 sq ft
Lease
The premises are available on new full repairing and insuring leases.
Rent
£18 per sq ft per annum exclusive. Plus VAT (if applicable) Subject to Contract
Long Leasehold/Virtual Freehold
999 year leases available with peppercorn ground rents. Quoting prices as follows:
Unit 1: £475,000
Unit 2: £560,000
Unit 3: £350,000
Business Rates
The properties will need to be assessed upon occupation. The UBR for 2022/23 is 49.9p in the £.
Legal costs
Each Party to bear their own legal costs.
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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