Dorking, Surrey, RH4 1BS
Dorking is an affluent historic market town situated at the foot of the North Downs, approximately 21 miles south of London. The property is located in West Street, (A25 trunk road) which connects to the High Street, linking with other major towns in the area including Leatherhead, Reigate and Redhill. Junction 9 of the M25 is close by, as is Dorking mainline railway station.
Other occupiers in the town include Café rouge, Costa Coffee, Marks & Spencer, WH Smith, Essensuals Toni & Guy, Ask Italian and Pizza Express.
Premises comprise ground floor restaurant accommodation with commercial kitchen and basement storage. There is a modern extension to the rear leading onto a patio garden. This is an opportunity for a new occupier to open their own restaurant, therefore no premium is applicable. The restaurant currently offers 32 covers within the front section and a further 58 covers within the rear extension.
The premises have the following approximate net internal floor areas:
|Accommodation||Size (sq m)||Size (sq ft)|
An effectively full repairing and insuring sub-lease is available, expiring in November 2031. The next rent review is due 01 December 2020. Alternatively, our client may consider a shorter sub-lease, on terms to be agreed.
VAT is not applicable on the terms quoted.
Each party to be responsible for their own legal costs.
The current passing rent is £50,000 per annum exclusive.
£25,200 per annum (based on rateable value of £50,000). Parties may be eligible for Retail Relief offering a 1/3rd discount on the rates payable, after other eligible reliefs have been applied, applicable until April 2021. Please contact the Local Billing Authority for confirmation of the amount payable.
This property has been graded as E (104)