The premises comprise of a ground floor lock up Retail unit and basement. The units have WC, kitchenette, storage rooms/treatment rooms & good size rear yard.
Location
The premises are prominently located on popular parade on Mitcham Road in the heart of Tooting & within walking distance Tooting Broadway Tube Station. There are a large number of national retailers represented in the locality; some of these are Sainsbury’s, Primark, Morley’s, Foxtons, Carphone Warehouse and a number of High Street Banks. Tooting provides a vibrant mix of retail units, bars, restaurants, coffee shops and bistros. The surrounding area is densely populated and St Georges Hospital is a close proximity.
Accommodation
Approximately - 1,195 sq ft including basement
Terms
A new full repairing and insuring lease is available for a term of twelve years, the rent being subject to periodic upward only rent reviews every four years.
Uses: A1
Premium: £15,000 for the benefit of the lease, fixture & fittings.
Rental: £30,000 per annum.
Business Rates: Interested parties are advised to make their own enquiries to the local authority.
Opening Hours: Monday - Saturday 9:00 a.m till 19:00 p.m
Staff: Owner managed with 2 staff.
Turnover: Current turnover in excess of £120,000 per annum.
Legal Cost: To be confirmed
Local Authority: Wandsworth
Energy Performance Certificate: Energy Performance Asset Rating is 61- C Rating. A copy of this property’s energy performance certificate is available on request.
References Charge: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.
Holding Deposit: A holding deposit will be required to secure the property the deposit will buy a period of exclusivity and will be held in the London Properties client account
Fixture & Fittings: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.