The premises are situated close to the eastern end of Banstead High Street, opposite the entrance to Waitrose car park and Barclays Bank. There are on street parking bays in the adjacent street.
The premises is currently configured as an open retail area with stock room and office formed to the rear by way of partitioning which could be removed to provide greater retail space, with kitchenette and WC plus rear access from the service road behind the premises.
The unit could suit a variety of alternative retail/office/health uses S.T.P.P.
Approx measurements are as follows:-
1200 sq ft
Stores & office
225 sq ft
Approx Retail Area 1425 sq ft (132.2m2)
The flat forming the upper parts over first and second floors is subject to a 125 year lease from 25.3.05 (Title no: SY742073), with fixed ground rent of £150pa.
We are instructed to sell the freehold interest in the premises (Title no: SY391889) with vacant possession of the ground floor commercial unit and subject to the long lease of the residential upper parts. .
Offers in the region of £575,000
The unit has a rateable value of £26,500. Enquiries should be made with the local authority to confirm actual rates payable.
We are advised that the premises are not elected for VAT. All rents, prices and premiums are stated exclusive of VAT under the Finance Act 1989. Accordingly, interested parties are advised to consult their professional advisers as to their liabilities, if any, in this direction.
Each party to be responsible for their own legal costs in the transaction.
Strictly by prior appointment only through sole agents:
ROBINSONS with Martin-Brown