The premises are situated close to the eastern end of Banstead High Street, opposite the entrance to Waitrose car park and Barclays Bank. There are on street parking bays in the adjacent street.
Former picture framers shop now opened up as clear retail space with a newly formed internal toilet and tea point with water heater to the rear. There is a small storage/meter cupboard internally, too. Outside is rear access with one parking space and a small yard currently occupied by a timber storage shed.
The flat forming the upper parts is subject to a 99 year lease from 1999, with ground rent of £100pa payable, rising to £200pa from 2032.
The unit has a generous ceiling height of approx 9’9”.
Approx Gross Internal Area:
518 sq ft (48.23m2)
£24,000 per annum exclusive
Offers in the region of £325,000
A new lease is available for a term and rent review pattern to be agreed.
The unit has a rateable value of £16,000. Enquiries should be made with the local authority to confirm actual rates payable.
We are advised that the premises are not elected for VAT. All rents, prices and premiums are stated exclusive of VAT under the Finance Act 1989. Accordingly, interested parties are advised to consult their professional advisers as to their liabilities, if any, in this direction.
Each party to be responsible for their own legal costs in the transaction.
Strictly by prior appointment only through sole agents:
ROBINSONS with Martin-Brown