Bancroft Road, Reigate, Surrey, RH2

LOCATION
The premises are situated in a prominent busy position on the south side of Bancroft Road opposite Reigate Screen Cinema and along from Wagamama. This is the main traffic route north/south along the A217. Bell Street and High Street is within a minutes' walk as are the Bancroft Road, Morrisons supermarket and Reigate Priory Park car parks. This location is also within 10mins walk from Reigate train station and approx. 2 miles from Junction 8 of the M25.

DESCRIPTION
The premises form a new ground floor commercial unit within a new mixed-use scheme where a former office building has primarily been converted to new apartments. We are offering for sale the prominent ground floor open plan showroom/ E use class premises with broad fully glazed road frontage and deep 35 ft glazed return. A new entrance from Roebuck Close will be provided as will one parking space in the rear car park. The unit is offered as a shell with services supplied for the incoming buyer ready to fit out

Approx. dimensions as follows: -

Shop depth 35' (10.7 m)
Shop width 37'8" (11.5 m)

Net Internal Area Approx. 1285 sq ft (119.35m2)

PRICE
Guide price £495,000 plus VAT for the long leasehold interest subject to contract and with vacant possession upon completion.

TENURE
The premises is offered for sale by way of a new 999 year lease (virtual freehold) with vacant possession upon completion.

RATES
The premises will BE REASSESSED FOR RATEABLE VALUE once the scheme is completed. All applicants should check with the local authority to confirm the rates payable.

VAT
We believe that the premises are elected for VAT All rents, prices and premiums are stated exclusive of VAT under the Finance Act 1989. Accordingly, interested parties are advised to consult their professional advisers as to their liabilities, if any, in this direction.

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

EPC
A new EPC will be commissioned once the scheme is completed.

VIEWING
Strictly by prior appointment only through Joint Sole Agents: Robinsons - Steve Lane