Rectory Lane, Banstead

LOCATION

The premises are located in the populus area of Woodmansterne, within easy reach of Banstead, Chipstead and Coulsdon and the transport links they offer.

DESCRIPTION

The freehold investmentcomprises a mid-terrace two storey traditionally brick built under tiled roof mixed use premises in this popular local parade. Currently the ground floor which has been extended is arranged as a commercial unit for use as a financial services office with meeting room, staff facilities and open office/reception to the front behind modern ¾ glazed shopfront. The upper parts form a spacious self-contained two bedroom flat that is currently available with vacant possession.  To the rear there is a patio area directly accessed from the office with ample paring beyond for 6 vehicles.

COMMERCIAL ELEMENT AREAS

The commercial space is currently arranged as three office rooms totalling 636 sq ft plus staff/kitchen area and two WCs.

 

FLAT ACCOMODATION

The flat is well proportioned and benefits from gas fired central heating via radiators and double glazing. Currently vacant it will require updating to be let.

Hallway:                                             Staircase up to flat with large landing area that could form access to loft accommodation.

Living room: 14’7”x 12’8”               Bright room to front with bay window

Kitchen:        10’3” x 6’5”                 Basic fitted kitchen to rear.

 

Bedroom 1:   10’6” x 10’                 Good size double bedroom front with radiator

Bedroom 2:   13’5” x 10’                 Good size double bedroom to rear with radiator

Showerroom:   7’9” x 6’1”               Dated but clean shower room with WC.

 

TENURE

Sale of the freehold interest under Title NoSYTBCwith both the commercial unit and maisonette being sold with vacant possession.

GUIDE PRICE      

Offers in the region of £440,000 for the freehold interest subject to contract.

RATES & COUNCIL TAX

Valuation Office Agency lists the retail unit as having a rateable value of £9,100 effective 1.4.23

The Flat is in Council Tax Band B

SERVICES

We understand that all parts have the benefit of gas, electric and water supply.

VAT

We understand that the premises are not elected for VAT will not be payable on the purchase price. All rents, prices and premiums are stated exclusive of VAT under the Finance Act 1989.

LEGAL COSTS

Each party to be responsible for their own legal costs in the transaction.

EPC

The commercial unit has a compliant EPC rating of E (118) valid until 2031.

The flat has a compliant EPC rating of E (52) valid until 2034

VIEWING

Strictly by prior appointment only through Joint Sole Agents sole agents:

ROBINSONS

01737 229200

 

• Excellent small mixed use investment opportunity
• Commercial spacious ground floor unit formally a financial services office with vacant possession
• Unit offers flexibility of use under the E Use Class
• Spacious two bed flat forms the upper parts and is ideal for refurbishment of extending STPP
• Patio area to rear plus extensive parking for up to 6 vehicles
• Ideal for an owner occupier business
• May be scope for remodeling/extending STPP