High Street, Reigate, Surrey, RH2

LOCATION
The property is centrally located on a main walkway access the south side of Reigate High Street leading from the High Street into Morrisons supermarket and car park and Priory Park beyond. To the rear of the property is a Morrisons supermarket with c.390 car spaces, the main car park for the town. The High Street is predominantly occupied by national multiple occupiers such as Boots, WH Smith, M&S etc as well as more niche fashion brands such as Mint Velvet, Sweaty Betty, jigsaw and Phase Eight.

DESCRIPTION
A charming part tile hung modern ground floor lock up shop unit in the heart of Reigate town centre on a walk-through from the High Street to the Morrisons supermarket car park.
The space mainly open plan with four steps down from the entrance door, there is a kitchenette in the right hand corner and glazed doors provide a private office area which can remain or be removed. The flooring is laminated and spot lights on tracking should be reinstated.
Approximate measurements are as follows:
Internal width 14'9 4.80m
Overall depth 24'6 7.47m
Approx Retail Area 306 sq ft (28.43m2)

PLANNING
The premises have operated as a mix of retail shop and offices for decades under the current 'E' use class.

RENT
£ 17,500 plus VAT per annum exclusive.

VAT
We are advised that the premises are elected for VAT.

LEASE TERMS
A new lease for a term by negotiation on a full repairing and insuring basis is to be offered direct by the Landlord. The Tenant is to repair internally and external shopfront and the Landlord will repair the structure and other external parts and recover said costs proportionally by way of a service charge. The current service charge is calculated at 6.75% of the annual rent plus VAT and the insurance apportionment is 8% of the premium for the whole building.

LEGAL COSTS
Each party are to bear their own legal costs in the transaction.

BUSINESS RATES
From internet enquiries only the business rate assessment is as follows:
Rateable Value £13,000
Uniform Business Rate £0.546 (March 2024- present)

Interested parties should verify this information and any transitional adjustments prior to entering into any contract.

EPC
An EPC is available for this property. It has been rated C (54) valid until 6.6.29. A full copy of the EPC is available upon request.

VIEWING
Strictly by appointment with the Landlord's Agents Robinsons, telephone .