£17,000 pa
(£24.36/sq. ft. pa)
Retail premises to letNutfield Road, Merstham RH1
698 sq. ft
About this property
Class ‘E’ / Office /Shop premises to let
Previously used as a financial advisor’s office
Close to M25 / M23
Total net internal area 698 sq.ft (64.8 sq.m)
New lease available at £17,000 per annum exclusive
Location
A local trading position with a wide range of shops situated nearby. Merstham Village and mainline station are 0.5 miles to the north. Redhill town centre and station is 1.5 miles to the South, and access to the top of Reigate Hill (Junction 8 of the M25) is situated 2.2 miles to the West. Junction 7 of the M25 which also provides access to the M23 is 1.25 miles to the East.
Description & Accommodation
Ground floor Class ‘E’ / office / retail unit. The premises are arranged to provide a front retail /office area with a kitchen and two further rooms to the rear. The front office / retail area has been fitted out to a good standard with a suspended ceiling, air-conditioning, spot-lights, modern shop front, air-conditioning and perimeter trunking. There is also a small yard to the rear accessed from the rear of the property. The net internal floor area is as follows:-
Ground Floor 698 sq.ft (64.8 sq.m)
Terms
The premises are available to let on a new full repairing and insuring lease for a term to be agreed at an initial rent of £17,000 per annum exclusive.
Subject to contract
Vat
We understand that VAT is not applicable to the rent.
Rates
The Valuation Office Agency Website describes the property as “Shop & Premises” and advises that the 2023 Rateable Value is £6,000. 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 Council.
Epc – This property has an EPC Rating of C (61).
Legal Costs - Each party to bear their own costs.
Previously used as a financial advisor’s office
Close to M25 / M23
Total net internal area 698 sq.ft (64.8 sq.m)
New lease available at £17,000 per annum exclusive
Location
A local trading position with a wide range of shops situated nearby. Merstham Village and mainline station are 0.5 miles to the north. Redhill town centre and station is 1.5 miles to the South, and access to the top of Reigate Hill (Junction 8 of the M25) is situated 2.2 miles to the West. Junction 7 of the M25 which also provides access to the M23 is 1.25 miles to the East.
Description & Accommodation
Ground floor Class ‘E’ / office / retail unit. The premises are arranged to provide a front retail /office area with a kitchen and two further rooms to the rear. The front office / retail area has been fitted out to a good standard with a suspended ceiling, air-conditioning, spot-lights, modern shop front, air-conditioning and perimeter trunking. There is also a small yard to the rear accessed from the rear of the property. The net internal floor area is as follows:-
Ground Floor 698 sq.ft (64.8 sq.m)
Terms
The premises are available to let on a new full repairing and insuring lease for a term to be agreed at an initial rent of £17,000 per annum exclusive.
Subject to contract
Vat
We understand that VAT is not applicable to the rent.
Rates
The Valuation Office Agency Website describes the property as “Shop & Premises” and advises that the 2023 Rateable Value is £6,000. 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 Council.
Epc – This property has an EPC Rating of C (61).
Legal Costs - Each party to bear their own costs.
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