High Street, Dorking

THE OPPORUNITY

A rare opportunity to purchase or rent the ground floor and basement commercial element of a High Street shop/office premises currently operating under A2 Use Class as a solicitor’s office to the eastern end of Dorking High Street next to Pizza Express. This is ideal for a business owner seeking to secure their own virtual freehold as did the vendor. The unit is currently arranged as a modern high spec open plan office to the ground floor which is partitioned into two parts with suspended ceiling, ceiling mounted comfort cooling and modern lighting, recently refitted kitchenette and WC, store and large basement that has latterly been used as a furnished board room. There is one parking space to the rear.

We are of the opinion that the unit could form a number of alternative uses STPP particularly health and beauty.

ACCOMMODATION

Ground floor shop/office              676 sq ft       (62.81 sq m)

Stores                                       157 sq ft       (14.6 sq m)

Basement                                  334 sq ft       (31 sq m)

FOR A LETTING – Rent

£17,500 per annum exclusive.

FOR A LETTING – Lease terms

A new lease to be granted for a term and rent review pattern to be agreed on an equivalent full repairing and insuring basis.

FOR A SALE – Tenure and Guide Price

The premises are subject to a 999 year lease granted from 25.5.14 with vacant possession on completion. Offers in the region of £250,000.

VAT

We are advised that the premises is not elected for VAT at present.

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                  £15,250

Uniform Business Rate       £0.504 (April 2019 – March 2020)

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

EPC

An EPC is available for this property. It has been rated E (118). A full copy of the EPC is available upon request.

VIEWING

Strictly by appointment with the Landlord’s Agents Robinsons with Martin-Brown, telephone 01306-884685.

• A rare opportunity to acquire a long leasehold virtual freehold ground floor retail/office unit with spacious basement & 1 parking space
• Ideal for an owner occupier business
• Arranged as modern open plan offices with basement providing meeting room/ancillary