- Off-street parking
- Basement Storage
Furnished and equipped for catering/coffee shop
3 year lease remaining- transfer available for a premium of appx £10,000
The property comprises of a reasonably sized retail shop with full height basement storage that was previously used a fancy dress hire shop which falls under Class A1 (Retail) use.
Situated within a fully let local parade the shop benefits from off street parking with two spaces directly outside for customer parking and loading. The ground floor retail area has been fully refurbished.
Net Frontage: 5.55m (18.2sq ft)
Shop depth: 5.76m (18.9sq ft)
Overall retail area: 32m (344.4 sqft)
Basement 32.7m (532 sq ft)
The premises is situated within a fully let long established local parade at the western end of Stoats Nest Road on the B2030. The road links the Brighton Road, Purley to Cousldon town centre thus attracting constant passing traffic and a local bus route. The parade benefits from off road parking.
We understand the property currently falls within A1 (Retail) of the current Town and Country (Use Classes) Order. Prospective purchasers or tenants are advised to make their own enquiries of the Local Planning Authority concerning the existing and potential changes of use prior to offer.
TENURE: The property is offered by way of a new lease, terms to be negotiated.
RENT/PRICE: An initial rent of £8,995 per annum exclusive is sought. Lease transfer at a cost of £10,000.
BUSINESS RATES: The property has a rateable value of £9,100. Interested parties should contact the local authority to confirm the rates PAYABLE. Please note this figure was before the shop size was reduced. The new rateable value will need to be reassessed.
EPC RATING: The property has an Energy Performance Certificate rating of 67 within Band C Rating.
VAT: All rental and capital figures quoted within these details are exclusive of VAT unless otherwise stated.