Retail premises to let

Location

The premises occupy a prominent location on the A23 Purley Way between Five Ways and Valley Park. Purley Way is a well known retail area with a good selection of major retailers such as Currys, M&S, Aldi, Next Home, Decathlon and Ikea at Valley Park. Waddon station is approximately half a mile away, with Wandle Park tram stop also nearby.

Accommodation

A well configured rectangular, open plan retail / Class E unit. The premises also benefit from a toilet and kitchenette to the rear and off-street parking to the front. The accommodation and net internal floor areas are as follows:-

Retail Area 710 sq.ft (65.96 sq.m)
Kitchenette 11 sq.ft (1.02 sq.m)
Total Area 721 sq.ft (66.98 sq.m)

Exterior

3 parking spaces to the front

Terms

The premises are immediately available to let on a new full repairing and insuring lease, for a term to be agreed, at a rent of £20,750 per annum exclusive.
Interested parties should note that the 2-bedroom flat above may also be available to rent by separate negotiation.

Subject to Contract

Vat We understand that VAT is not applicable to the rent.

Rating

The Valuation Office Agency Website describes the property as “Shop & Premises” and advises that the 2023 Rateable Value is £12,750. The current ubr is 49.9 pence in the £. We understand that the premises may qualify for Small Business Rates Relief. Further enquiries in this respect should be made to Croydon Council.

Epc – tbc

Legal Costs - Each party is to bear their own legal costs.