Bridge Street, Leatherhead, Surrey, KT22

LOCATION
The property is situated in a prominent position fronting Bridge Street, close to its junction with the High Street, and close to an array of local retail and leisure amenities including The Swan Shopping Centre, Waitrose, numerous coffee shops, restaurants, and bars. Travelodge and Nuffield Health Club are close by.
Leatherhead mainline railway station is within approximately a 10-minute walk which provides a fast and frequent service to London Waterloo and Victoria. The M25 (Junction 9) is within 1 mile of the property and provides excellent onward access to the national motorway network and both Heathrow and Gatwick Airports

DESCRIPTION
The building is believed to have been constructed in 1928 and is a mixed-use property providing ground floor retail accommodation with offices on 1st and 2nd floors.

The building is of Jacobean style architecture and was previously occupied by The Woolwich Building Society. A comprehensive refurbishment of the office accommodation was undertaken in 2024 to bring the property up to modern standards.

The ground & basement is retail and it let to Kall Kwik (see separate tenancy schedule for lease details). The first floor is arranged as three office rooms plus an ancillary area, WC, shower room, and tea point. The second floor is arranged as two office rooms with open plan space plus WC and Kitchen. The offices have newly installed A/C and are refurbished to a high standard throughout. The office floors are also available to let on a separate basis.

Approx. dimensions as follows: -

Floor Sq ft Sq M Availability
Ground - Retail 845 78.50 Let
First 750 69.6 Available
Second 700 65.03 Available
Total 2,295 213.21

GUIDE PRICE

£695,000 + VAT

LEASE
The property is held on a freehold basis. The ground floor and basement is currently let on an effective FRI basis to Kelvic Petal Associates.


Floor Ground & Basement
Tenant Kelvic Petal Associates T/A Kallkwik
Size 845 sq ft (plus basement of 232 sq ft)
Lease Start Date 10/12/2020
Rent £18,500 per annum
Term 15 years
Break Provisions 10/12/2025 & 10/12/2030
LTA Outside
Rent Review Pattern 5 years to be increased to greater of RPI or market rent
Service Charge £1,500 per annum increased annually with RPI

LISTED BUILDING AND CONSERVATION
The building is Grade II Listed due to its architectural or historic interest and in within the Conservation Area.

BUSINESS RATES
Interested parties should make their own enquiries with the relevant local authorities.

VAT
We are advised that the premises is elected for VAT.

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

EPC
An EPC is available for this property. This property has been graded as C

VIEWING
Strictly by prior appointment only through joint agents:

ROBINSONS


HURST WARNE