The premises are situated in Effingham, Road near the corner of Lesbourne Road close to all the local amenities and coffee shops in this popular part of the town and just a short walk of Reigate Priory Park, the High Street and Reigate Station. This is a super location for convenience and short stroll of the town centre.
The premises comprise a smart, carpeted first floor office with use of shared kitchen and WC’s on the first floor adjacent. There is use of three parking spaces to the rear on a ‘first come first served’ basis with the other occupiers of the building. Office furniture available by arrangement.
Approx. dimensions as follows: -
TOTAL INTERNAL AREA APPROX.
519SQ FT (48.22m2)
The rent is to be £11,500 per annum exclusive
A service charge will be payable on top of the rent for an apportioned cost of electricity, heating, water and repairs as an apportionment of the whole. The current cost of this is £184pcm.
A new sub lease is to be granted for a term to be agreed outside the Landlord and Tenant Act 1954.The current lease is due for renewal in September 2020 which is expected to be renewed so any initial sub letting will be within the term with a likely option to renew in line with the head Tenants remaining in occupation.
TBA. This will be re-assessed so that the suite is separated from the existing combined VOA assessment but due to the modest size it is likely that full small business rates relief may be offered.
We understand that the premises is 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: