High Street, Banstead

£575,000 For Sale

Property Description

  • Prominent retail unit
  • Currently A1 Retail use
  • IDEAL FOR OWNER OCCUPIER OR INVESTOR
  • Opposite Waitrose – Highly visible position
  • Approx 1425 sq ft (132.2m2) ground floor

LOCATION

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.

DESCRIPTION OF COMMERCIAL SHOP UNIT

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:-

 

Shop width

17’1”

5.21m

Retail area

1200 sq ft

111.48 m2

Stores & office

225 sq ft

20.90 m2

 

 

 

Approx Retail Area 1425 sq ft (132.2m2)

RESIDENTIAL UPPER PARTS

 

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.

TENURE

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. .

GUIDE PRICE

Offers in the region of £575,000

RATES

The unit has a rateable value of £26,500. Enquiries should be made with the local authority to confirm actual rates payable.

VAT

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.

LEGAL COSTS

Each party to be responsible for their own legal costs in the transaction.

EPC

The property has an EPC rating of D (76)

VIEWING

Strictly by prior appointment only through sole agents:

 

ROBINSONS with Martin-Brown

01737 229200

www.robinsonsmb.com

 

Facebook Twitter