Business Summary
SITUATION AND DESCRIPTION
The London suburb of Sutton is a strong retailing center situated approximately 10 miles south of Central London and 7 miles west of Croydon. The town is strategically located between Epsom and Croydon with excellent road communications lying just 5 miles north of the M25 (junction 8).
Grove Road is a busy through route leading from the Prime retail area of High street. Other occupiers along grove road include Zizi, Morrison's, Multi York and Bath Store.
The London suburb of Sutton is a strong retailing center situated approximately 10 miles south of Central London and 7 miles west of Croydon. The town is strategically located between Epsom and Croydon with excellent road communications lying just 5 miles north of the M25 (junction 8).
Grove Road is a busy through route leading from the Prime retail area of High street. Other occupiers along grove road include Zizi, Morrison's, Multi York and Bath Store.
ACCOMMODATION
(All measurements are in accordance with RICS Code of Measuring Practice 6th Edition)
Approximate gross internal area:
Ground Floor: Bar /
Restaurant 158.00 sq m ( 1700.08 sq.ft )
First Floor: Bar /
Restaurant 115.80 sq m ( 1246.01 sq ft )
Basement Storage 9.80 sq m ( 105.44 sq ft )
Second Floor Residential Apartment
RATEABLE VALUE - £32,700
U.B.R. 2013/2014: Payable; 46.2% (if eligible for small rate relief), otherwise 47.1%
Interested parties should enquire of the local Rating Authority as to the implications of the phasing arrangements on the amount of rates actually payable. Parties should also make enquiries concerning the implications of the small business allowance.
TENURE
Available on a new lease with terms to be agreed at a rental of £55,000 per annum (Exclusive)
Alternatively a new tenancy agreement for a term up to three years, prepared by Ellis and Partners is available. The incoming tenant will be expected to pay an administration fee of £250 plus VAT for the preparation of the tenancy agreement.
LEGAL FEES
The incoming tenant will be responsible for their own legal fees.
VIEWING AND FURTHER DETAILS
By arrangement with Ellis and Partners through whom all negotiations are to be conducted.
Tel: 01202 551821
Website: www.ellis-partners.co.uk
Property Details
Other Business Details
Business Location:
54-56, Grove Road, Sutton, Surrey, SM1 1BT