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Ground Floor Shop and 3 Bed Maisonette, Reigate For Sale

£599,950
WestSt14 - For Sale
Ground Floor Shop and 3 Bed Maisonette, Reigate For Sale

LOCATION

The premises are on the northern side of West Street (A25) backing onto Slipshoe Street and are marked red on the plan overleaf. The Upper West Street public car park is within 100 yards. The Morrisons town centre store, M&S Food Hall and town centre shops are nearby. The attractive open space of Priory Park and Reigate Station are about five minutes walk. Access onto the M25 at the top of Reigate Hill (Junction 8) is about two miles to the north. Gatwick Airport is about seven miles to the south.

DESCRIPTION

The premises comprise a ground floor retail unit with large basement stores and three bedroomed maisonette on first and second floors. The property is an end terrace building in a parade of four three storey older style buildings within the town centre conservation area. The property has been in the same ownership for 40 years and has been trading latterly as West Street Newsagents. There is a good sized and well presented three bedroomed maisonette with central heating and modern double glazing which is approached from a side entrance. The EPC ratings are band E for the shop and band D for the maisonette.

ACCOMMODATION

All measurements approximate, the accommodation comprises:

SHOP 14

Front shop: 17’6” x 24’10” max.

Aluminium shop front 11’3” headroom                                         427 sq ft

Rear room: 14’3” x 13’10” including fitted

Cupboards 10’11” headroom                                                          193 sq ft

Rear lobby with access to side door and separate

toilet with new WC & pedestal washbasin

Basement stores in two sections: partitioned

Section 17’ x 24’2” at front (411 sq ft) with electricity

Meter & including shelved store; & rear storage area

15’10” x 15’5” (218 sq ft) with gas meter & rear access

up to Slipshoe Street                                                                         629 sq ft

 

NET COMMERCIAL AREA                 1249 sq ft (116.04m²)

MAISONETTE 14A

Side door & staircase leading up to first floor with:-

Front living room: 17’7” x 21’3” Double aspect lobby with shelved cupboard

through to:

Fitted kitchen: max 10’10” x 14’8” Modern matching units with granite

worktop, 4 plate gas hob, microwave, oven, drawers & cupboards.

Rear shower room: shower cubicle, pedestal washbasin & WC

Door leading to landing,

Stairs to second floor landing leading to:-

Bedroom 1 (front): max 14’6” x 13’3”

Bedroom 2 (centre): 10’ x 9’5” plus side recess. Cupboard. Access to insulated loft.

Bedroom 3 (rear): 12’10” x 15’2” less recess.

RATING

RV £11,500 UBR 49.3 p in the £ 2018/2019. The current owner obtains rates relief.

Reigate & Banstead Borough Council Tel: 01737 276 691 (commercial rates department)

PRICE

£599,950 freehold. Vacant possession on completion.

LEGAL COSTS

Each side to be responsible for its own legal costs in the transaction.

VIEWING

By prior appointment with our office.  Tel:  01737 245886 (ref MS).

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