Shop To Let - Thornton Heath - £21,000 pa

DESCRIPTION

Crown Lets 4U Estate Agents are proud to present a spacious ground floor retail shop plus a separate 2 bedroom first floor flat. The rental income from the above flat is £1,075.00 and it is on a shorthold tenancy agreement. The living aspect comprises 2 bedrooms, kitchen, lounge and a bathroom with no premium to pay, located on the main busy Thornton Heath High Street with high footfall trading position and adjacent to a pedestrian crossing.
 
The premises is in excellent location and the commercial aspect falls within general shops (formerly A1), however, under the new planning Use Classes Order (Class E), effective from the 1st September 2020, the property may potentially be used for leisure, office and clinic uses under permitted changes within Class E (Commercial, Business & Service). We would strongly advise interested parties to check with the Local Planning Authority or a planning consultancy.
 
A spacious lock up shop available for immediate occupation benefitting from an overall space of approximately 400 sq ft (37.16 sq m). Boosting large fronted main office/retail area at the front, a kitchen and WC to the rear. Terms are flexible and include a new full repairing and insuring lease. Each party to be responsible for payment of their own legal costs. Rent is £21,000 + VAT per annum, payable quarterly in-advance.
 
This premises offers excellent passing trade and situated amongst all local High Street restaurants, Costa Coffee, Job Centre, Thornton Heath Leisure Centre, Tesco Super Store, Internet café, estate agents, banks, groceries and all High Street local shops. There is a pedestrian crossing immediately outside the subject unit and this enhances pedestrian flow and increases the shop’s visibility to passing vehicular traffic.
 
There is a free 60 minutes parking bays available in the immediate vicinity and this encourages quick-stop trade and also serve the surrounding area making it easily accessible to all local amenities.
 
This premises is less than 1 minute walk to Thornton Heath London Overground Station and many frequent buses on your doorstep.
 
Properties with a Rateable Value less than £12,000 are eligible for 100% Small Business Rate Relief. We advise interested parties to make their own enquiries to Croydon Business Rates Department on 020 8726 7000 to verify the above.
 
For the 2 bed flat, Council Tax is Band A £883.41 (2020/2021)
We advise interested parties contact Croydon Council to verify the above figure.
 

Rent: £21,000 + VAT per annum / £1,750.00 + VAT Per Calendar Month
Premium: £0
Shop Business Rates: £0
2 Bed Flat Council Tax: Band A, £883.41 (2020/2021)
2 Bed Flat Rent Income: £1,075.00
Lease Type: Full repairing and insuring lease
Rent Review: tbc
Licence Type: A1
Shop Size: 400 sq ft (37.16 sq m). Approximately
Building Insurance: tbc
Solicitors Fees: Each party to be responsible for payment of their own legal costs
 
 
 
Available Now! Call now for early viewings!
 
• Empty Retail Shop
• 2 Bed Flat Above Shop
• Ideal for any Business
• Ideal Location
• Good Condition
• New Lease
• Rear WC
• Rear Kitchen
• No Premium
• No Business Rates
• High Footfall
• Free 60 Min Parking
• Opposite Job Centre
• Close to Station
• On Busy High Street

 

SUMMARY

Crown Lets 4U Estate Agents are proud to present a spacious ground floor retail shop plus a separate 2 bedroom first floor flat.

Interested in this property?

Call Crown Lets 4u Estate Agents:

Monday to Friday:

9.00am to 7.00pm

Saturday:

10.00am to 5.00pm

Norbury Branch:
020 8764 1111
Croydon Branch:
020 8684 6677