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Retail Property (high street) to rent

Church Street, Reigate, Surrey, RH2

Let Agreed 506 sq. ft. | £19,500 pa| £1,625 pcm

Property Description

Commercial information

  • 506 sq ft (47 sq m)
  • Use class orders: A1 Shops

Full description

Tenure: Leasehold

LOCATION

The premises occupy a good location in the centre of Reigate close to Café Rouge and Laura Ashley. Church Street is one of three main shopping streets in the town. The property is situated approximately 20 metres from the junction with High Street and Bell Street. Church Street benefits from on-street parking on both sides of the street.
Multiple retailers represented close by include Café Rouge, Laura Ashley, Barclays Bank, Papa Johns, Boots Opticians, Valentino and Hamptons. There are also a number of attractive independent retailers, cafes, restaurants and bars close by.

ACCOMMODATION

A ground floor retail unit comprising a front retail area together with a rear, raised retail area which would also lend itself to a consulting room, store or office. There is also a kitchen and toilet at the rear. A floor plan showing the accommodation and layout is attached. The approximate net internal floor areas are as follows:-

Front Sales Area: 303 sq.ft (28.15 sq.m)
Raised Sales Area / Office: 170 sq.ft (15.79 sq.m)
Kitchen: 33 sq.ft (3.01 sq.ft)
Total 506 sq.ft (47.0 sq.m)

TERMS

The premises are available to let on a new full repairing and insuring lease, for a term to be agreed, at a rent of £19,500 per annum exclusive.
Subject to contract

VAT

We understand that VAT is not applicable to the rent

RATES

The Valuation Office Agency Web-site describes the property as "Shop & Premises" and advises that the 2010 Rateable Value is £12,250. The UBR for 2016/17 is 50.4 pence in the £.

LEGAL COSTS

Each party is to pay their own costs in connection with the new lease.


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