The premises are situated on Lesbourne Road just to the south of Reigate town centre in a busy and popular neighbourhood parade in an area renowned for a variety of good quality independent traders. Lesbourne Road forms a busy and important through route connection (B2034) between Reigate and Redhill towns. The main town centre is within 10 mins walk. Junction 8 of the M25 is approximately 2 miles at Reigate Hill and Gatwick Airport approximately 8 miles to the south.
This delightful and prominent retail unit, available to the market for the first time in 25 years, with bold return frontage has just benefitted from a full refurbishment programme and is fully fitted and ready for occupation and now offered to the market as in effect a new shop unit. The retail area is arranged as open plan space with opening deli servery style sash windows to the half-glazed shopfront with half glazed corner door and 5 ft return frontage to the one side, with a full width granite counter. Benefits include 3 Phase power supply, ceiling mounted LED spotlight points on tracking for maximum flexibility, new fire alarm with emergency lighting two electric radiators, numerous sockets within skirting and data trunking, a feature oak balustrade, internal doors, architraves and staircase leading down to the lower floor plus oak strip flooring.
The lower floor has high capacity LED lighting to supplement the natural light and a full width Victorian style stool riser to the front providing natural light into the lower ground floor, head height of 8ft, strip vinyl flooring throughout with two electric radiators and high quality shower/cloakroom with low level WC and wall mounted basin, shower cublicle and tiled floor with heated towel rail. All internal walls are fully insulated and enabling an enviable EPC rating of B providing low running costs.
In addition provision has been made for the addition of a working/commercial kitchen and floor prep area and a 100 litre hot water tank serves the shower, cloakroom and possible kitchen. One off street car parking space is offered for a car or small van.
The shop falls within the Meadvale and St Johns catchment, an affluent area with a population just under 10,000
Approx. dimensions as follows: -
Ground floor 311 sq ft (28.90m2)
Lower ground floor 284 sq ft (26.39m2)
Net Internal Area Approx. 595 sq ft (55.28m2)
The premises is offered by way of a new lease for a term and rent review pattern to be agreed. The landlord has historically levied a 10% Building Fund surcharge in lieu of FR&I responsibilities where this fund covers the roof, main structure, drains, gutters and rainwater pipes, common spaces, car park, external decorations other than shopfront. This arrangement removes FR&I costs and liabilities The Tenant remains responsible for internal repairs, the shopfront, services, windows and doors. This sum is included within the quoted rent.
Our Client owns neighbouring units and for the benefit of the parade wishes this unit to remain in retail use. Due to existing businesses nearby we cannot invite interest for Hair and Beauty, nail salon, fish and chip takeaway, barber shop and estate agency uses.
The Valuation Office Agency website lists the premises as having a rateable value of £6,800.
We are advised that the premises are not elected for VAT.
Each party to be responsible for their own legal costs in the transaction.
A compliant EPC with rating of B (43) is available upon request.
Strictly by prior appointment only through sole agents:
ROBINSONS - Sole Agents