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FREEHOLD SALE OF THE SHOP UNIT WITH UPPERS ALL WITH VACANT POSSESSION

For sale: £550,000.00|Residential, Retail, Offices, Office

Property details

FOR SALE£550,000.00
ADDRESSCummins, 62 South Street, Dorking, Surrey, RH4 2HD
TYPEResidential, Retail, Offices, Office
TENUREFor Sale Freehold
POSTED ON10th November 2021

Description

LOCATION
A delightful and well known landmark premises of considerable charm located on a bold corner plot on South Street and Junction Road, directly opposite Waitrose entrance. The shop that has traded as Cummins Hardware shop for decades offers a prominent corner frontage with street bay parking directly outside and adjacent and is close to the pay and display car park in South Street and within two minutes’ walk of the High Street. The position here on the one way system benefits from the passing traffic entering and departing Waitrose opposite .

THE OPPORTUNITY & DESCRIPTION
We are instructed to sell the whole premises under Title No SY405073 which currently comprises of three storey building plus basement. This appealing building dates back to the 1800’s and we believe historically formed a residential house with later ground floor additions to create the current retail unit. The ground floor lock up shop unit offers versatile retail space although irregular in shape and floor level is appealing for numerous uses with small basement. The self-contained upper parts have been used as offices over the first and second floors and are in dated poor order latterly forming ancillary stores with kitchenette and two WC’s. Externally there is a small garden area to the rear upon which the vendors had placed a storage container.

The property being sold with vacant possession offers excellent scope for a refurbishment and remodelling opportunity.

Note: We understand that the premises is not listed but has listed buildings closeby and lies within the conservation area.

RETAIL UNIT
The ground floor is currently arranged as an irregular shaped retail unit with return frontage some changing floor levels and small basement comprising of staff tea point, WC and stores. The shop benefits from a recently installed gfch system and falls within the versatile ‘E’ use class.

Retail Area Approx 1260 SQ FT and basement approx. 171 SQ FT
(areas taken from online VOA assessment due to shop being occupied and heavily stocked)

UPPERS
The self-contained uppers accessed from a front door on the South Street pavement are currently arranged as three first floor office rooms plus dated kitchenette and two WC’s. The second floor currently forms two rooms. This space does not benefit from the gfch that serves the shop.

First floor offices Approx 528 SQ FT plus kitchen
Second floor offices Approx 258 SQ FT
(areas taken from online VOA assessment due to shop being occupied and heavily stocked)

PRICE
Offers in the region of £ 550,000 Subject to Contract for the whole. Title number SY405073

OFFERS
We will be inviting offers to purchase subject only to contract, to be received in writing at our Dorking office no later than 5pm on Thursday 11th November 2021.

VAT
We are advised that the premises are not elected for VAT.

TENURE
Freehold registered under Title No SY405073 with vacant possession of the whole.

LISTED BUILDINGS AND CONSERVATION AREA
We are advised that the premises are not listed but are close to listed buildings and it is within the conservation area.

RATES
From Internet enquiries only, the business rates assessment is as follows:-
2021 Rateable Value £ 19,750 for the shop and £8,500 for the upper Uniform Business Rate (April – March 2021)
Interested parties should verify this information prior to entering into any contract.

LEGAL COSTS
Each party to bear their own legal costs in the transaction.

EPC
The Shop has a current EPC rating of B (39) full details available.
The Uppers has a current EPC rating of G (173) full details available.

VIEWING
Strictly by prior appointment with the Vendor’s sole Agents:

ROBINSONS
www.robinsonsmb.com
Steve Lane 01737 229200

Location

marker
Location: Cummins, 62 South Street, Dorking, Surrey, RH4 2HD

Dorking West (0.5 miles)

Dorking Deepdene (0.7 miles)

Dorking (0.8 miles)

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