High Street, Reigate

LOCATION

The property is on the south side of Reigate High Street adjacent to M&S Foodhall and with Morrisons and Priory Park car parking nearby. The High Street is predominantly occupied by national multiple occupiers such as Boots, WH Smith, M&S etc as well as more niche fashion brands such as Mint Velvet, Sweaty Betty, jigsaw and Phase Eight.

DESCRIPTION

A charming listed ground floor lock up shop unit in the heart of Reigate town centre with basement storage space, kitchenette and WC.

Having operated as a jewellers for many years the premises would ideally suit another jeweller or boutique retailer but is equally suited to a multitude of uses under the current ‘E’ Use Class.

Approximate measurements are as follows:

Ground floor retail     273 sq ft          25.36m2

Basement                    203 sq ft          18.86m2

      Approx Internal Area 476 sq ft (44.22m2)

PLANNING    

The premises has operated as a retail shop for decades under the current ‘E’ use class. Not suitable for hot food uses.

RENT

£ 23,500 per annum exclusive

VAT

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

LEASE TERMS  

A new lease for a term by negotiation on a full -

repairing and insuring basis is to be offered direct by the Landlord.

LEGAL COSTS

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

BUSINESS RATES

From internet enquiries only the business rate assessment is as follows:

Rateable Value                                    £17,000

Uniform Business Rate                       £0.546 (March 2024- present)

Interested parties should verify this information and any transitional adjustments prior to entering into any contract

EPC

An EPC is available for this property.  It has been rated B (30) valid until 28.5.33.  A full copy of the EPC is available upon request.

VIEWING

Strictly by appointment with the Landlord’s Agents: Robinsons, telephone 01737 229200

• Lock up shop fronting High Street
• Attractive traditional shop front in listed building
• Adjacent to M&S Foodhall
• Available by way of new lease
• NOT SUITABLE FOR: Mobile phone, vape or barbershop type uses