The premises are situated in a busy and popular neighbourhood parade in an area renowned for a variety of good quality individual traders just south of the town centre, West Road forms the link between Lesbourne Road and Blackborough Road continuation being a busy and important through route connection (B2034) between Reigate and Redhill towns. Junction 8 of the M25 is approximately 2 miles at Reigate Hill and Gatwick Airport approximately 8 miles to the south.
Ground Floor Lock up Shop
Our Client is seeking to sell the freehold investment of the building which comprises the ground floor lock up shop together with front forecourt which is subject to a 15-year lease granted from 1 July 2013 to the Blue Cow (Butchers) Ltd, a well-established butcher’s shop which follows historical trading of this use in the shop for decades. The passing rent is £12,500 per annum until the next rent review 1 July 2019 and the letting is outside the security provisions of the Landlord & Tenant Act 1954.
First & Second Floor Flat
The upper parts currently form a three-bedroom split level flat with gas fired central heating over first and second floors with spacious sitting room, modern kitchen/diner, latterly refitted bathroom, separate WC (floorplans attached) with private pedestrian access at ground floor from the rear and is subject to an Assured Shorthold tenancy expiring 31 October 2017 at a monthly rent of £1,035 per calendar month. It is anticipated that the Tenants may vacate at the end of this term.
Ground Floor Shop and Basement
18’ shopfront plus 12’
Ground Floor Sales Area 220 sq ft (20.40m2)
220 sq ft
143 sq ft
90 sq ft
210 sq ft