Croydon Road, Reigate

£175,000 Under Offer

Property Description

LOCATION

The premises are set on a prominent corner position with return glazed frontage facing Croydon Road benefitting from prominence with passing traffic. The neighbouring local amenities and the benefit with Reigate Station and the town centre all being within a short walk make this a convenient base.

 

DESCRIPTION

The accommodation comprises a ground floor lock up shop unit with an appealing traditional timber shop front with full return latterly operating as well-presented offices with two office rooms, shower room WC and tea point/kitchenette. Now benefitting from the broad range of permitted uses under ‘E’ use class these premises offer versatility for numerous uses and could be particularly appealing to an owner occupier. Presented in tidy order with high ceilings, gfch via radiators, there are two off street car parking spaces provided.

 

ACCOMMODATION

 

Room 1        286 sqft  ( 26.57 m2)

Room 2        211 sq ft  (19.60 m2)

Kitchenette    32 sq ft     (2.97m2)

Excl shower

 

 

 

Total Internal Area Approx.529 SQ FT (49 m2)

 

 

 

 

TENURE

The premises are available by way of a purchase of the long leasehold interest 125 years from 29.9.02 at a commencing ground rent of £100 pa under Title no SY717679 . We are advised that the leaseholders also have shared ownership of the freehold interest as joint owners of Stable Mews Freeholders Limited (Co No 07321795) under Title no SY593834The premises are currently vacant and are offered with immediate vacant possession.

 

GUIDE PRICE

Offers in the region of £175,000 + VAT

 

VAT

We are advised that the premises are VAT elected

 

RATES

We are informed by Reigate & Banstead Borough Council that the property is assessed for rating purposes as follows:

Rateable Value: £8,300

 

USE

The premises falls within the newly introduced ‘E’ use class and may suit a variety of retail/office/health uses.

 

LEGAL COSTS

Each party to bear their own legal costs in the transaction.

 

EPC

The property has an EPC rating of D (76).

 

VIEWING 

Strictly by prior appointment only through:

 

Steven J LaneFNAEA MICBA MARLA

ROBINSONS with Martin-Brown

01737 229200

www.robinsonsmb.com

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