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 ground floor retail unit with wc and kitchenette to the rear.
The property has most recently been in use as a convenience store but has been refurbished and presents in a very good condition and therefore would be suitable for a variety of uses under the E Class Use.
Approximate net internal areas
Ground Floor
-
Retail
49.24 sq m - 530 sq ft
Storage
15.36 sq m - 165 sq ft
Total
64.57 sq m - 695 sq ft
Terms
A new lease is available for a term to be agreed at a rent of £10,000 per annum, subject to contract and VAT (if applicable).
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 is C (72). 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