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Unit 20, Russell Hill Road Unit 20, Russell Hill Road, Purley, CR8 2LA
Agents
Smith Price RRG
Mark Cherry
Use Class
E
Size
4,790 sq ft
Rent pa
£100,000
Description
Prominent retail unit / showroom available with extensive frontage. The subject property is located at the top of Russell Hill Road at the junction of Foxley Lane / Purley Way and Pampisford Road. As such, it benefits from significant exposure to passing traffic. Nearby occupiers include JD Wetherspoon and Domino's, as well as a number of independent boutiques and restaurants.
Accommodation
4,790 Sq.Ft
The premises are arranged over ground floor only.
Financial
Lease Type
Existing Lease
Lease Term
The premises are held by way of an effective FRI lease contracted within the Landlord & Tenant Act 1954, expiring on 3rd March 2031, subject to an outstanding upward only rent review on 4th March 2021 and a further rent review on 4th March 2026. There is a tenant only break option with effect 4th March 2026. Offers are invited on an assignment or underlease basis with terms available upon request.
Rent
Subject to contract, rental offers are invited in the region of £100000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Rates
Rates payable may be subject to transitional relief and interested parties are advised to make their own enquiries to the Business Rates Department of London Borough of Croydon - Tel: 020 8726 7000
Tenure
Leasehold
Rates
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 23/05/2024