Unit 1, Prospect House, Outwood Lane, Chipstead, Surrey, CR5 3NA
Size
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Tenure
Freehold
EPC
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Parking
12
- Primary use
- Convenience store
- Frontage
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No floor / site plan
Key features
- Located in Chipstead, an affluent Surrey village within the London commuter belt, approximately 15 miles south of Central London
- Situated in a highly desirable residential catchment with strong underlying demographics
- Prominent roadside convenience store with excellent visibility and accessibility for both residents and passing traffic
- Let in its entirety to Tesco Stores Limited, providing an undoubted covenant
- Long lease of 15 years from 9th December 2024, expiring 8th December 2039 (c. 13.5 years unexpired) RPI-linked rent reviews throughout the term, 5 yearly and compounded annually, collared at 1% and ca
- Passing rent of £148,500 per annum, equating to £36.96 per Sq Ft
- Modern, well-configured 4,015 Sq Ft ground floor unit forming part of a recent development
Description
and is positioned within a predominantly residential area with substantial passing traffic, enhancing its prominence.
The property forms part of the recently constructed mixed-use development at Prospect House and comprises a modern ground floor convenience retail unit extending to 4,015 Sq Ft (372.97 sq m). The residential upper parts do not form part of the sale. The property benefits from 12 on-site customer car parking spaces.
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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- Floors in building
- 1
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- BREEAM rating
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- Environmental description
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Brochure
Unit 1, Prospect House, Outwood Lane, Chipstead, Surrey, CR5 3NA
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Disclaimer - Property reference TESCOCHIPSTEAD. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Green & Partners LLP, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.