The Parade, 19 The Parade, Old Lodge Lane, Purley, CR8 4DG

Location

The property is located in a mixed use parade on Old Lodge Lane year to the junction with the main A23 Brighton Road.  The property is well served by public transport with local buses passing the door and with Reedham Station being just around the corner.  Short term parking is amiable outside the property.

 

Description/Accommodation

The property comprises a good size self-contained ground floor retail unit with wc and kitchenette to the rear together with a maisonette on the first and part ground floor.

 

The retail unit is available with vacant possession and has most recently been in use as a convenience store.  It has been refurbished and presents in a good condition and therefore would be suitable for a variety of uses under the E Class Use.  

 

The maisonette is let on an Assured Shorthold Tenancy at a current rent of £1,250 pcm (rising to £1,450 pcm).  The current Tenant will be vacating on 25th June 2025.  

 

The split level maisonette comprises a lounge with 2 bedrooms and shower room on the first floor with kitchen on the ground floor. 

 

The property also benefits from a good size rear garden and small patio area.

 

Terms

The property is available with vacant possession of the ground floor and the AST Agreement on the first floor (expiring 25th June 2025).

 

Price

Offers in excess of £300,000  (VAT not applicable), Subject to contract.

 

Business Rates

According to the Government website the current Rateable Value of the property is £6,500.  The UBR for 2022/23 is 49.9p in the £.

 

Legal costs

Each Party to be responsible for their own legal costs.

 

Energy Performance Certificate

The Energy Performance Rating of the retail unit is C (52). The Energy Performance Rating of the Maisonette is D (58).  More information available upon request.