Bell Street, Reigate

LOCATION

The property is on the East side of Bell Street opposite Oliver Bonas and Waterstones and with Morrisons and Priory Park car parking nearby. The town centre is predominantly occupied by national multiple occupiers such as Boots, WH Smith, M&S etc as well as more niche fashion brands such as Mint Velvet, Sweaty Betty, jigsaw and Phase Eight.

DESCRIPTION

A charming ground floor lock up shop unit in the heart of Reigate town centre with traditional shop front basement storage space, kitchenette and WC.

The premises has operated for decades as a boutique retailer of ladies footwear and more recently homewares but is equally suited to a multitude of uses under the current ‘E’ Use Class.

Approximate measurements are as follows:

Ground floor retail     448 sq ft          41.62m2

Ground floor stores    89 sq ft            8.27m2

Basement                    188 sq ft          17.47m2

      Approx Internal Area 725 sq ft (67.35m2)

PLANNING    

The premises has operated as a retail shop for decades under the current ‘E’ use class. Not suitable for hot food uses.

RENT

£25,000 per annum exclusive.

VAT

We are advised that the premises are not elected for VAT.

LEASE TERMS  

A new lease for a term by negotiation on a full -

repairing and insuring basis is to be offered direct by the Landlord.

LEGAL 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                                    £18,500

Uniform Business Rate                       £0.546 (March 2024- present)

Interested parties should verify this information and any transitional adjustments prior to entering into any contract

EPC

A new EPC has been commissioned. A full copy of the EPC is available upon request.

VIEWING

Strictly by appointment with the Landlord’s Agents: Robinsons, telephone 01737 229200

• Lock up shop fronting Bell Street
• Attractive traditional shop front
• Opposite Oliver Bonas and Waterstones
• Available by way of new lease