1 bedroom retail property (high street) for sale

Tenure: Freehold

Location

The premises are situated within a well known local parade of shops fronting Coulsdon Road opposite the exclusive Village Development. There is also a Tesco Supermarket and Car Park immediately opposite. The premises also benefit from a second road frontage at the rear onto Georges Terrace.

Caterham on the Hill benefits from good road connections with Junction 6 of the M25 close-by at Godstone, providing access to Gatwick and Heathrow Airports. Access to the M23 is also available close-by at Merstham. Caterham Valley and with its wide range of shops and railway station is about 2 miles.

Accommodation

The premises comprise a front ground floor retail/ office area together with a rear storage area (down 8 steps) which has been fitted out to a good standard. On the first floor is a self-contained refurbished flat with modern kitchen and bathroom fittings, replacement UPVC windows and gas fired central heating. Rear vehicular access and parking for up to 2 vehicles. The accommodation and floor areas are as follows:-

Ground Floor Sales Area: 425 sq.ft 39.5 sq.m
Ground Floor Storage: 445 sq.ft 41.3 sq.m
First Floor: 1 bedroom flat
Outside: Parking for up to 2 vehicles

Terms

The premises are available on the following basis, subject to contract:

The Whole £225,000
Ground Floor Office/ Shop £107,500
First Floor Flat £117,500

Rates

The Valuation Office Agency Web-site describes the two storey and part of the adjoining building as “Shop & Premises” and advises that the Rateable Value is £5,700. The Uniform Business Rate (UBR) for 2012/13 is 45 pence in the £.

Legal Costs: Each party is to bear their own legal costs
For further information or to view please contact

Alexander Mullett DipSurv Tel: 01737 222835

Chris Richards MRICS Tel: 01737 222835

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 not therefore able to verify their condition, or suitability for their purpose