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55-61 Croydon Road 55-61 Croydon Road, Caterham, CR3 6PD

£ 70,000 pa / 3,571 sq ft
55-61 Croydon Road, Caterham - Picture 2019-11-07-10-29-45
Use Class

Use Class

E(b)

Size

Size

3,571 sq ft

Rent pa

Rent pa

£70,000

Large Retail Unit - Can Be Split

The subject property is located on Croydon Road, which sits adjacent to Waitrose, the railway station and the town’s main car park. The site sits between Church Walk Shopping Centre and a new development comprising Lidl on the ground floor with 48 new flats on the upper parts, due for completion in 2020.

Caterham is a town in the Tandridge district of Surrey, conveniently located on the A22, a little over a mile from the M25. Croydon is approximately 8 miles north and Redhill approximately 7 miles south west. The town is divided into two areas being Caterham-on-the-Hill and Caterham Valley, which includes the town centre.

Key Information

Viewing

Please contact the agent to arrange a viewing.

Accommodation

3,571 Sq.Ft

The premises comprises 4 retail units on ground floor only, currently laid out as one double unit and two single shops. Subject to obtaining the necessary consents, the units would either be amalgamated or split.

Areas
Sq.Ft
Sq.M
55/57 - Ground Floor
1,804
167
59 - Ground Floor
940
87.3
61 - Ground Floor
827
76.8

Financial

Lease Type

New Lease

Lease Term

A new, effectively fully repairing and insuring lease is available for a term of years to be agreed.

Rent

A new, effectively fully repairing and insuring lease is available for a term of years to be agreed, at a rent of £70,000 per annum exclusive in respect of the whole. Alternatively, each individual unit may be let at a commencing rent of £20,000 per annum exclusive.

Rates

55/57 - current rateable value is £26,500 59 - current rateable value is £14,000 61 - current rateable value is £13,000

Costs

Each party is responsible for their own costs incurred in a transaction.

Tenure

Freehold

Rates

Rateable Year:
2019
Rateable Value:
£53,500.00
Rates payable:
£26,964.00
UBR:
50.4p/£

Sustainability

Energy Performance Certificate

C
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Energy Performance Certificate Information

A copy of the EPC is available upon request.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 09/09/2022