Crown Lets 4U Estate Agents are proud to present a spacious ground floor retail shop and a 4 bedroom split level flat on a first and second floor. This freehold building is in a prime location with an option to transform the 4 bed flat into two separate flats. The proposed plan indicates a 3 bed flat on the first floor and a 2 bed split level flat on the second and third/loft floor. Located on the main busy Sutton High Street with high footfall trading position in the heart of Sutton Shopping Centre.
A spacious lock up prime ground floor retail shop and the above flat is available for an immediate purchase and comes as a vacant possession.
The ground floor retail shop Benefits from an overall space of approximately 1,057 SQ FT (98.2 SQ M), boosting large fronted main retail area at the front and rear, a separate large kitchen area, a separate large storage room, WC to the rear and fire exit door leading to rear of the shop.
This Freehold building is in excellent location and the commercial aspect falls within general shops (formerly A1), however, under the new planning Use Classes Order (Class E), effective from the 1st September 2020, the property may potentially be used for leisure, office and clinic uses under permitted changes within Class E (Commercial, Business & Service). We would strongly advise interested parties to check with the Local Planning Authority or a planning consultancy.
This premises offers excellent passing trade and situated amongst all local High Street shops including Three mobile shop, O2 Mobile shop, Metro Bank and all major High Street Chains. Also close proximity to St Nicholas Shopping Centre www.stnicssutton.co.uk and Times Square Shopping Centre which serves as the town’s covered shopping malls. Nearby major retailers include TK Maxx, Boots, Clark’s Shoes, WH Smith, Peacocks and Poundland.
The current Rateable Value (for the ground floor retail unit) advertised by the Valuation Office Agency is £37,500. The rates multiplier for 2020/2021 is 49.9p in the £ making the Rates Payable £18,721.20. There is currently a 100% relief available on retail and leisure properties up until 31st March 2021. Interested parties are advised to contact Sutton Council Rates Department to verify the above figures.
Available Now! Call now for early viewings!
On High Street
Shop + 4 Bed Flat
Freehold
Vacant Possession
A1/A2/E Use
Large Shop
Rear Kitchenette
Rear Storage Room
Rear Entrance to Flat
First & Second Floors Flat
Short or Long Term
Excellent Location
Fire Exit Door
Next door to Metro Bank
Next to all High St Chains
Excellent Footfall
In the Heart of Sutton
SUMMARY
Crown Lets 4U Estate Agents are proud to present a spacious ground floor retail shop and a 4 bedroom split level flat on a first and second floor.
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