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Unit 1, Prospect House, Outwood Lane, Chipstead, Surrey, CR5 3NA

£2,235,000

Under offer

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Size

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Tenure

Freehold

EPC

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Parking

12

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Primary use: Convenience store
Frontage: Ask agent

No floor / site plan

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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

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Description

Unit 1 occupies a highly prominent roadside position on Outwood Lane in Chipstead, benefitting from excellent visibility and accessibility. Forming part of Prospect House, the property comprises a Tesco Express serving the surrounding affluent residential catchment,
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.

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Additional information

Service charge: Ask agent
Business rates: Ask agent
Use class: E
Listed building: Ask agent
Floors in building: 1

Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Brochure

Unit 1, Prospect House, Outwood Lane, Chipstead, Surrey, CR5 3NA

NEAREST STATIONS

Chipstead Station

0.51 miles

Woodmansterne Station

0.52 miles

Coulsdon South Station

1.15 miles

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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.

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Unit 1, Prospect House, Outwood Lane, Chipstead, Surrey, CR5 3NA

Freehold

12

Key features

Description

Brochure

Unit 1, Prospect House, Outwood Lane, Chipstead, Surrey, CR5 3NA

Your search history

Unit 1, Prospect House, Outwood Lane, Chipstead, Surrey, CR5 3NA

Freehold

12

Key features

Description

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