The Subject property consists of a ground floor and first floor restaurant. The kitchen is situated on the ground floor with additional seating available on the first floor. The subject property also benefits from an outdoor courtyard seating area overlooking the Hogsmill River. Other traders within the Griffin Centre and close by include Patisserie Valerie, Laura Ashley, Mimosa coffee shop and Poor Boys restaurant.
Location
The Griffin Centre is a Grade II listed building which was historically used as a coaching inn and has been transformed into a shopping arcade situated directly off Kingston’s ancient market square. The Griffin Centre faces the junction of the High Street and Eden Street with pedestrian access leading to Charter Quay and the Thames riverside walk. The Rose Theatre is located a short walk away.
Accommodation
We are advised the premises have the following approximate net internal floor areas:
Ground Floor - 30 sq m (323 sq ft)
First Floor - 16.6 sq m (179 sq ft)
Total - 46.6 sq m (502 sq ft)
Terms
Tenancy - Lease assignment for the residual term of approximately 3 years, expiring in October 2022. The lease is inside the Landlord and Tenant Act 1954 and benefits from security of tenure. The lease also provides for 5 yearly open market rent reviews.
Planning - A ground floor and first floor unit with A3 use, in accordance with the Town and Country Planning Act 1987.
Rent - £13,000 per annum
Business Rates - We are advised that the correct rateable value is £17,000, tenants are strongly advised to contact Kingston upon Thames for the appropriate business rates.
Premium - Offers in the region of £40,000
EPC - An EPC Rating of E (102). Document is available on request.