LOCK UP SHOP WITH FORECOURT IN VILLAGE PARADE, MERSTHAM
An established local trading position with a range of shops on either side of Nutfield Road serving a built up residential locality. Merstham Village and mainline station are a little over half a mile to the north. Redhill town centre and shopping precincts are about one and a half miles to the south, and access on to the M25 at the top of Reigate Hill (junction 8) is a little over two miles by road. Gatwick Airport is about eight miles to the south.
The premises comprise a vacant ground floor lock up shop with good window display, clear retail space max 25’10” deep and rear kitchen with partitioned WC. The lease area will include the surfaced forecourt. Most recently used as a flooring shop, the premises are in good decorative condition with inset lighting to the retail area, woodstrip flooring, modern wiring and combi gas boiler in the kitchen. According to our information, the previous tenants installed piped underfloor heating in the shop floor screed.
All measurements approximate:
Retail area: 15’4” internal frontage and average shop depth x 24’5”. Ample power points. Meter cupboard. Headroom nearly 8ft.
Rear kitchen: average 8’10” x 12’7” with side door, partitioned WC and headroom about 9ft
NET INTERAL AREA 463sq ft (43.01m²)
Forecourt area approx. 15’3” deep out to pavement.
RV £5,400 UBR 47.9p in the £ 2018/2019.
Reigate & Banstead Borough Council Tel: 01737 276 691. Commercial rates department.
- The premises may well quality for small business rates relief and the local authority will be able to advise individual applicants.
A new five FRI lease is available with initial rent free period outside the Landlord & Tenant Act 1954.
Each side to be responsible for its own legal costs in the preparation of a lease agreement.
£12,000 per annum exclusive.
By prior appointment with our office. Tel: 01737 245886 (ref MS).