LOCATION The premises are situated at the entrance to a small business park just off Chapel Road. Close to local businesses and amenities, the shop is also 3 miles from Horley town centre, 3 miles from Gatwick Airport and 10mins drive of both M23 Jcn 9 and M25 Jcn 6 and the transport links it offers.
DESCRIPTION Our Clients are seeking to close this business and are offering the freehold premises comprising of a brick built semi-detached building under a tiled roof to the front section and mix of pitched and flat roofs to the rear over the extended parts. The ground floor extended shop unit is offered for sale with stores and rear yard with vacant possession and scope to remodel. The flat that forms the upper parts is subject to a long lease that has recently been extended. This is an ideal opportunity for an investor/developer owner/occupier. PLEASE NOTE: Our Clients will not sell to or enter into negotiations with buyers who seek a subsequent hot food use as they believe this is unsuitable for the neighbouring homes and has been challenged by the planning department in the past.
The Shop The ground floor is currently arranged as a hardware store with retail area extending back into extended retail areas and stores to a total depth of approx 95ft . The main shop benefits from an aluminium fully glazed shopfront with 18 ft frontage, security shutters and comprises of three sections totalling approx 1207 sq ft with twin loading door into a further storage unit of approx 390 sq ft plus yard space totalling 352 sq ft to the rear and WC. The unit could be remodelled to suit numerous options.
Retail Area Approx 1207 sq ft ( 112.13²) plus stores 390 sq ft (36.23 m²)
OUTSIDE Externally there is a front forecourt serving as customer parking for the shop as well as permitted street parking. To the rear there is a small secure fenced yard of approx 22ftx 16ft allowing for deliveries via the rear roller shutter to the rear of the shop via the store.
PRICE Offers in the region of £260,000 Subject to Contract for the whole. Title number SY457598
TENURE Freehold investment sale with full vacant possession of the ground floor shop unit with the self-contained first floor flat being subject to existing long leasehold interest. The first floor flat is subject to a lease for a term of 189 years granted from 23.4.02 at a peppercorn Ground Rent.
TIMING Our Clients can offer a swift exchange of contracts and then would seek a slightly delayed completion of two months following exchange in order to close the business and prepare for vacant possession.
RATES From Internet enquiries only, the business rates are as follows:-
2017 Rateable Value £7100 Uniform Business Rate 0.49p (April 2020 – March 2021) Interested parties should verify this information and any transitional adjustments prior to entering into any contract.
LEGAL COSTS Each party to bear their own legal costs in the transaction.
EPC An EPC has been obtained for the shop and workshop: Rating D (76)
VIEWING Strictly by prior appointment with the Vendor’s sole Agents:
ROBINSONS www.robinsonsmb.com Steve Lane 01737 229200