Location
Caterham is a town in the Tandridge district of Surrey, conveniently located on the A22 a little over 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 Station Avenue close to Waitrose, the Railway Station, bus services, two multi-storey car parks and Church Walk Shopping Centre. A new Lidl supermarket is now open and is generating significant new footfall.
Tandridge District Council have completed improvements to Croydon Road, Caterham which have helped regenerate Caterham Town Centre, encourage private investment and transform Caterham into a more vibrant commercial and community hub. Improvements include creating space for parklets and outdoor licensable space for businesses as well as improving safety for pedestrians and cyclists by reducing traffic speeds to 20mph. Further information can be found on the Tandridge District Council Website.
Description/Accommodation
The property comprises a large open plan ground floor E Class retail/office unit, currently in use as an office and features a glass meeting room as well as an open plan workspace with a Directors or Managers office to the rear. The premises also benefit from a fitted kitchen and breakout space as well as storage and wc’s.
Approximate net internal areas
Ground Floor
104.18 sq m - 1121 sq ft
Use
Class E
Terms
The property is available to let by way of a new Lease at a rent of £24,000 per annum, plus VAT (if applicable). Subject to Contract
Alternatively
The property is available for sale by way of a Long Lease with the remainder of 115 years unexpired. Offers are sought in the region of £225,000. Plus VAT (if applicable).
Business Rates
According to the Government website the Rateable Value is £18,000 pa. The UBR for 2025/6 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 (59). More information 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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