Stoneleigh Broadway. Freehold Shop – For Sale

710 Sq Ft
£255,000 Offers Over
  • Ref: 865
  • Type: Shops
  • Availability: For Sale
  • Make Enquiry
  • View Brochure

Full Details

The property forms part of the busy Stoneleigh Broadway shopping parade close by to its junction with Rosedale Road and directly opposite Stoneleigh Railway Station.

A ground floor commercial shop/office premises forming part of a three storey inner terrace mixed residential and commercial building.

The ground floor shop is currently occupied and trading as a Dry Cleaners Business and provides the following areas/dimensions:

Gross Frontage – 16’ 10”
Shop Depth – 49’
Net Internal Area – 710 square feet plus small rear washroom facility.

Features Include:
• Modern metal framed and glazed display window frontage with central entrance door;
• Prominent illuminated fascia signage;
• Suspended ceiling with diffused light fitments;
• Tiled floor coverings throughout;
• Free customer car parking to front of property;
• Rear garage space in detached block;
• Rear small washroom facility.

The shop has the benefit of Planning Use Class ‘E’ which includes retail, office, restaurant, café and medical/leisure uses.

The annual Business Rates payable are currently £5,738 for the year ending 31st March 2024. This amount can be further reduced by application to the Local Authority for Small Business Rates Relief.

The self-contained residential flat arranged on the first and second floor over has been sold off on a Long Leasehold Interest for a term of 125 years from 9th November 1999 (Therefore 101 years currently unexpired) with an annual ground rent payable to the Freeholder of £25 per annum exclusive increasing to £50 per annum exclusive in November 2024.

The Freehold Interest in the property, subject to full vacant possession of the ground floor commercial shop premises, is offered for sale.

Offers for the Freehold Interest are invited in the region of £255,000.

An Energy Performance Certificate has been commissioned and will be made available to all interested applicants.

Strictly by appointment with Vendors Sole Agents, Wallakers Commercial on 020-8399-5381.