Bell Street, Reigate

LOCATION

The premises are situated on Bell Street but also dually fronted on Lesbourne Road. The property is close to the Town Centre and within the vicinity of the vibrant shops and restaurant.s. With Reigate Priory Car Park nearby.

 

DESCRIPTION

This property lends itself to be used as a striking characterful office HQ or could equally suit a number of other uses including medical under Use Class E.

 

The Grade II Listed building has been used as an HQ office building for over 20 years. The property benefits from being sat on a large regular sized plot with generous amounts of car parking currently available.  

 

The property is currently arranged over basement to three upper floors configured as predominantly individual rooms/offices.

 

Approximate measurements are as follows:

 

Floor

Sq Ft

Sq M

Basement

422

75.7

Ground

815

64.1

First

690

41.4

Second

446

39.2

Total

2,373

220.5

 

PLANNING    

The premises has operated for many years first as

an office under the current ‘E’ use class.

 

ALTERNATIVE USE

Given the striking nature of the detached period building on a generous plot, there is the potential for conversion to residential use. Subject to planning

 

RENT

£50,000 per annum exclusive for the commercial element.

 

FREEHOLD

The preference is for Leasehold but a  Freehold sale could be of interest for the right price.

 

The guide price for the freehold is £700,000 on the basis the premises are sold with full vacant possession.

 

VAT

We are advised 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                                    £34,750

Uniform Business Rate                       £0.555 (March 2025- present)

 

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

 

EPC

The property has a current EPC Rating E (115) expiring June 2032.

 

VIEWING

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

• Grade II Listed
• Attractive period building
• Large on-site car park/plot
• Available by way of either a new lease or sale of the Freehold with vacant possession upon completion.