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£220,000

(£440.00/sq. ft)

Office for sale

Croydon Road, Reigate RH2
500 sq. ft

£220,000

(£440.00/sq. ft)

Office for sale
Croydon Road, Reigate RH2

    • 500 sq. ft

About this property

    Location

    The property is situated on Croydon Road close to its junction with Holmesdale Road and 300m north of the A25. Reigate town centre and railway station is a short walk away providing a wide range of shops, restaurants, bars, supermarkets and a cinema. Junction 8 of the M25 is approximately 1.6 miles to the north. There is a convenience store within the parade and The Roe Deer Pub opposite.

    Description & Accommodation

    This ground floor Class E premises has been fitted out to an exceptionally high specification with ceiling spotlights, wood laminate flooring, air conditioning, under floor heating, double glazed windows and a modern toilet and kitchen. There are 2 private off-street parking spaces.

    Front Area 285 sq.ft (26.48 sq.m)
    Rear room 146 sq.ft (13.56 sq.m)
    Kitchen 26 sq.ft (2.42 sq.m)
    Mezzanine storage 43 sq.ft (4.00 sq.m)
    Total 500 sq.ft (46.45 sq.m)

    Outside 2 parking spaces

    Price

    The premises are held on a 125 year lease from 29 September 2002 (approx. 102 years remaining). We are instructed to seek £220,000 for the long leasehold interest.

    Subject to contract
    VAT


    We understand that VAT is not applicable.

    Rates

    The Valuation Office Agency Website describes the property as “Office & Premises” and advises that the 2023 Rateable Value is £9,400. The current ubr is 49.9 pence in the £. We understand that the premises may qualify for Small Business Rates Relief. Further enquiries in this respect should be made to Reigate & Banstead District Council.

    EPC – This property has an EPC Rating of D (76).

    Legal Costs - Each party to bear their own costs.

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