Residential Lettings
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LOCATION
The unit is well positioned on North Street just off the junction with High Street where it links with Bridge Street and just approximately 100 yards from the Swan Shopping Centre and within ten minutes’ walk of Leatherhead station. The Unit is located in a focal point within the town close to Nationwide Building Society, Lloyds Bank and Lidl supermarket.
ACCOMMODATION
The premises offered for sale form a ground floor lock up commercial unit currently arranged as a coffee shop/café with the main area of approximately 339 sq ft plus kitchen to the rear and ancillary space. The Unit could be rearranged to suit a number of uses in this busy central location. The shop is fitted with an aluminum coated fully glazed shop front and is readily available to occupy and operate as a café/coffee shop or be altered to suit the buyer’s needs.
Retail/café area 339 sq ft (31.56 sq m)
Kitchen area/rear office 228 sq ft (21.14 sq m)
Ancillary/Stores 83 sq ft (7.72 sq m)
Total 650 sq ft (60.42 m)
TENURE
The premises are available to purchase subject to contract by way of acquiring the existing 999 year lease granted from the 18 March 2015 at a commencing ground rent of £250 per annum subject to reviews every 10 years. Index-lined to RPI.
PRICE
Guide price £299,000 subject to contract and with full vacant possession upon completion.
AVAILABILITY
Immediate as the trading business is closed and the vendor holds vacant possession.
VAT
The property is/is not elected for VAT.?
COSTS
Each party are to bear their own legal costs in the transaction.
BUSINESS RATES
From internet enquiries only the business rate assessment is as follows:
Rateable Value £11,460
Uniform Business Rate £0.49.9 (March 2017- present)
Interested parties should verify this information and any transitional adjustments prior to entering into any contract.
EPC
An EPC is has been commissioned and will shortly be available for this property.
VIEWING
Strictly by appointment with the Landlord’s Agents Robinsons, telephone 01306 884685.