£240,000 pa

Light industrial to let

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Just added

£240,000 pa

(£24,000.00/sq. ft. pa)

Light industrial to let

Reigate Road, Hookwood RH6

10,584 sq. ft

Local area information

Property location

Nearby amenities

  • Charlwood Village Primary School 1.1 miles
  • Manorfield Primary and Nursery School 1.3 miles
  • Gatwick Airport 1.5 miles
  • Horley 1.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Location

The property is situated on the Eastern side of the A217 Reigate Road within Hookwood, 1.25 miles West of Horley, 4 miles to the North of Crawley and about 0.5 miles North of Gatwick Airport.

There is a large Tesco Extra about 0.25 miles away. Gatwick Business Park is situated opposite.

The property is well served by road links with Junction 9 of the M23 situated 3 miles to the West and Junctions 7 & 8 of the M25 situated 7 miles to the North.

Description

A substantial builder’s merchants and yard. This broadly rectangular site benefits from a wide and prominent frontage to the A217 Reigate Road.

The main commercial building is a modern, steel portal frame structure arranged to provide a large retail area to the front together with a full height warehouse area at the rear. There are also ancillary staff, kitchen, offices and meeting rooms on ground and first floors together with a large mezzanine storage area.

There is customer parking and a forecourt to the front of the property, with a substantial hard surfaced yard area at the rear used for loading and storage of building products and materials.

The consented opening hours are Mon – Fri 7:30am – 6pm and Saturday 8am – 4pm. Sunday closed.

Business Rates

The Valuation Office Agency Website describes the property as “Builders Merchants & Premises” and advises that the 2023 Rateable Value is £178,000. The current ubr is 56.8 pence in the £. We understand that the premises may qualify for Small Business Rates Relief. Further enquiries in this respect should be made to Mole Valley District Council.

VAT We understand that VAT is not applicable to the rent.

Legal Costs Each party is to pay their own costs.

Terms

The premises are available to let on a new full repairing and insuring lease for a term to be agreed at an initial rent of £240,000 per annum exclusive.

Subject to contract

Epc

The premises has the following EPC rating which is valid until 15 June 2029

More information

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  2. Commercial to let
  3. Surrey
  4. Horley
  5. Hookwood
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