Location
The property is located in a busy retail parade in Old Coulsdon, fronting the main road between Caterham and Coulsdon. Old Coulsdon is a densely populated area.
There is a large secondary school located nearby as well as a popular pub adjacent to the property.
Description/Accommodation
The premises comprises a good size retail area which is currently fitted out as a bar and seating area. To the rear is a DDA compliant W/C.
At the rear of the property is a small courtyard seating area leading to the two exterior free standing buildings, which currently operate as the kitchen and office.
The premises currently fall under Class E and would therefore be suitable for a number of different uses. It is currently treading as a Wine Bar/ Cafe and benefits from a premies licence.
The existing fixtures and fittings may be available by way of separate negotiation.
Approximate net internal areas
Retail
53.36 sq m - 574 sq ft
Exterior Buildings
36.11 sq m - 388 sq ft
Total
89.47 sq m - 963 sq ft
Terms
The property is available on a new Lease for terms to be agreed at a rent of £25,500, Per annum, plus VAT, Subject to Contract.
Business Rates
According to the Government website the property has a Rateable Value of £9,400pa. The UBR for 2024/25 is 49.9p in the £. Small Business Relief may apply,
Legal costs
Each Party to be responsible for their own legal costs incurred in this transaction.
Energy Performance Certificate
Awaiting Energy Performance Certificate
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