36 HIGH STREET, CATERHAM, SURREY, CR3 5UB FOR SALE RESTAURANT/TAKEAWAY PREMISES & FOUR BEDROOM FLAT
FREEHOLD MIXED USE PROPERTY WITH DEVELOPMENT POTENTIAL GUIDE PRICE: £460,000 Location The property is located prominently on the east side of High Street (B2030), Caterham and approximately 1 mile from the A22 which leads directly onto the M25 and (via the A23) into Central London. The property is surrounded by a mix of commercial and residential accommodation including a vibrant mix of shops, cafes, restaurants and pubs. The property is under half a mile from Caterham Train Station (Zone 6) which provides regular services into Central London taking just 52 minutes. Gatwick and Heathrow airports are also easily accessible and within a 25 minute and 45 minute drive respectively.
Description The property is currently trading as a large fully fitted Restaurant/Takeaway unit on the ground floor with a spacious four bedroom flat at first floor level, the latter has been recently refurbished. The property can be accessed via the front, rear and side (onto Park Road). The property could be further developed to the rear by extending into the yard space, subject to planning. The property would suit an owner occupier or alternatively a developer as there is scope to create three one bedroom and one two bedroom flats in addition to a small commercial unit (subject to planning). There is ample on street free car parking available on Park Road and in the surrounds. Accommodation The property has the following gross internal areas and floor plans can be found at www.hindwoods.co.uk. Ground Floor First Floor
108.38 sq. m. (1,167 sq. ft.) 140.77 sq. m. (1,515 sq. ft.)
Total
249.15 sq. m. (2,682 sq. ft.)
Terms Freehold with vacant possession. Guide Price £460,000 (Four Hundred and Sixty Thousand Pounds). Business Rates The retail premises are entered in the 2010 rating list with a rateable value of £9,200. Interested parties should contact the local authority to confirm rates payable. Legal Costs Each party to bear their own costs incurred in the transaction. VAT We understand that VAT will not be chargeable. Planning We understand the ground floor has A3 (Restaurant) / A5 (Takeaway) consent whereas the upper parts have C3 (Residential). However, the purchaser should make their own enquiries to the Planning Authority prior to entering into any form of contract. EPC The property currently has an energy rating of ‘C’. The full EPC is available to download at www.hindwoods.co.uk Viewing Strictly by prior arrangement with sole joint agents Hindwoods, 020 8858 9303. Elliott Brighton -
[email protected] Paul Connaghan –
[email protected] CG5351 “You should be aware that the Code for Leasing Business Premises strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through website www.leasingbusinesspremises.co.uk”. These particulars are believed to be correct, but their accuracy is not guaranteed and they do not constitute an offer or form any part of any contract. Hindwoods and its employees have no authority to make any representation or give any warranty in relation to this property.
Floor plans are available to download at www.hindwoods.co.uk “You should be aware that the Code for Leasing Business Premises strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through website www.leasingbusinesspremises.co.uk”. These particulars are believed to be correct, but their accuracy is not guaranteed and they do not constitute an offer or form any part of any contract. Hindwoods and its employees have no authority to make any representation or give any warranty in relation to this property.