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The premises boasts a highly prominent frontage the south side of the start of South Street which is the only route westbound on the A25 past the Sainsburys car park/Rose Hill exit and the only vehicular access route to Waitrose. This is a busy position just off Pump Corner and The Rotunda is slightly set back being bow fronted and provides such a prominent commercial position within the town.
Dorking is an attractive market town situated at the junction of the A24 & A24 roads with the M25 at Leatherhead approx. 6 miles distant
The premises form an irregular half circle being ‘The Rotunda’ and is arranged principally as opne plan retail area to the front with a run of fully glazed shopfront windows across the breath plus ancillary office/kitchen and WC.
Approx retail Area: 823 sq ft (76.43sq m)
Internal stores 15 sq ft (1.14 sq m)
£30,000 per annum exclusive for the passing rent by way of an assignment. For a new lease we expect the commencing rent to be £32,000 pax.
The premises are available by way of assignment of the existing lease granted for a term of ten years from 3.4.17 within the LTA 1954 for the remaining four years until 3.4.27 of the term on a full repairing and insuring basis, alternatively a new lease for a term and rent review pattern to be agreed by negotiation may be available . A copy of the existing lease is available to review upon request. The last rent review date and break provision date have now passed.
The unit is available from mid May 2023 with the current Tenant retiring and closing on 4.5.23
From internet enquiries only the business rate assessment is as follows:
Rateable Value £17,500
Uniform Business Rate £0.49.9 (April 2023 to present)
Interested parties should verify this information and any transitional adjustments prior to entering into any contract.
Each party are to bear their own legal costs in the matter.
The premises has an EPC rating of C (68) until 22 June 2026.
Strictly by appointment with the Landlord’s Agents Robinsons telephone 01306 884685