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Retail Property (high street) to rent

High Street,East Grinstead,RH19

Let Agreed £11,000 pa| £917 pcm

Property Description

Commercial information

  • Use class orders: A1 Shops and A2 Financial and Professional Services

Key features

  • Only one unit remaining
  • Attractive Facade
  • Located in "Old Town" section of East Grinstead
  • On street car parking immediately outside
  • Off street Pay & Display car parking close by
  • New lease term to be agreed
  • Undergoing Refurbishment

Full description

ONLY ONE UNIT REMAINING

TWO RETAIL SHOPS OR A2 OFFICES
TO LET
(FORMERLY THE ROSE & CROWN PH)

Location:
The property is situated at the top end of the High Street within the conservation area of the "Old Town" and as such is ideal for a specialist retail business or an office open to the public. The property is surrounded by some very attractive period buildings and has the benefit of on street car parking immediately outside and a long term pay & display car park approximately 5 minutes walk away.

Description/Accommodation:
The property comprises the ground floor of the former Rose & Crown Public House with some additional storage in the basement.

Ground Floor:
Unit 1 70.4 sq m (757 sq ft) UNDER OFFER
Unit 2 74.4 sq m (800 sq ft)
Basement Storage: 71.55 sq m (770 sq ft)
Total: 216.35 sq m (2,327 sq ft)

Terms:
The unit could be let as 2 individual units (Unit 1 now under offer) at a rent of 11,000 per annum per unit, Subject to Contact and VAT (if applicable). The basement storage will be split between the two units.

Alternatively:
A new lease may be available for the whole ground floor for a term to be agreed at a commencing rent of 19,950 per annum, Subject to Contract and VAT (if applicable).

Business Rates:
According to the Government website the property has a Rateable Value of 21,000. With effect from the 1st April 2016 the UBR for 2016/17 is 49.7p in the . If the units are let separately they will need to be re-assessed. We would anticipate each unit being below the threshold of 6,000 pa.

Legal costs:
Each party to be responsible for their own legal costs.

Energy Performance Certificate:
Full information available upon request.


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