Retail Property (high street) to rent

LESBOURNE ROAD, Reigate, RH2

359 sq. ft. | £7,986 pa| £666 pcm

Property Description

Commercial information

  • 359 sq ft (33 sq m)

Letting information:

Furnishing: Furnished
Letting type: Commercial

Key features

  • WELL ESTABLISHED TRADING BUSINESS
  • OPERATED IN THIS LOCATION FOR 15 YEARS
  • EXCELLENT GROWTH POTENTIAL
  • PREMISES AVAILABLE FOR ASSIGNMENT

Full description

LOCATION
The premises are situated in a prominent position on Lesbourne Road, a thriving neighbourhood parade on the main link road between Reigate and Redhill towns and within ten minutes walk of Reigate town centre and offering on street parking.

THE BUSINESS
Our Clients are seeking to sell the existing well established trading business plus stock that has been operated by independent owners for many years. ‘Monkey Business’ is well known across the area dealing with a wide range of private and corporate customers with robust turnover but still offers great expansion prospects with the introduction of stronger online focus and fancy dress hire. Accounts demonstrate trading for over fifteen years and are currently showing growth.

THE PREMISES
The premises comprise a prominent ground floor lock-up shop with traditional timber shop front and benefit of shopfront return, with retail area, basement and kitchen and WC plus one parking space to the rear. The premises are available to the buyer by way of an assignment of the existing lease granted for a term of eight years from 10.5.10 at a passing rent of £7986 pax. We do point out that the lease is excluded from the Landlord and Tenant Act 1954.

Approx. dimensions as follows: -

Ground Floor Retail area Approx. 359 sq ft (33.38m2)
Basement Approx. 329 sq ft (30.61m2)

TOTAL RETAIL AREA APPROX. 359 SQ FT (33.38M2)


PRICE
Our Clients are seeking a premium of £ 30,000 for the trading business plus stock at value based on accounts that are available up to 13.7.14 for verification. Such details will be released to bona fide applicants after signing a confidentiality agreement for commercial protection of our Clients position.

RENT
£7,986 per annum exclusive.

LEASE TERMS
The premises are available by way of assignment of the existing eight year lease granted from 10.5.10

More information from this agent

Nearest stations

  • Reigate (0.6 mi)
  • Earlswood (Surrey) (1.3 mi)
  • Redhill (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Robinsons, Reigate

37 Bell Street, Reigate, RH2 7AG

01737 904046 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Reigate (0.6 mi)
  • Earlswood (Surrey) (1.3 mi)
  • Redhill (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Robinsons, Reigate

37 Bell Street, Reigate, RH2 7AG

01737 904046 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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