The property is arranged over ground floor and basement with the sales floor on the ground floor and a storage area and office in the basement. Permitted use for the premises is A1.
Location
The premises are located in a very prominent position within Upper Richmond Road adjacent to Caffe Nero and opposite Waitrose & Costa Coffee. There are major residential development projects underway here and the footfall will increase substantially. East Putney tube station is within one minute’s walk.
Accommodation
The premises benefit from the following approximate net internal floor areas:
Gross Frontage - 4.08 m 13’ 4”
Internal Depth - 4.74 m 15’ 6”
Shop Depth - 13.52 m 51’ 4”
Ground Floor - 54.68 sq m (589 sq ft)
Basement - 35.42 sq m (381 sq ft)
TOTAL - 90.10 sq m (970 sq ft)
Terms
TENURE - Our client is offering the property to let on a new full repairing and insuring lease on a term to be agreed by way of negotiation, the client will require a landlords/mutual break after 3 or 5 years.
RENT - £37,500 per annum exclusive.
RATES - We have been advised that the rateable value of the property is £17,750. Rates payable for this financial year are likely to be £8,591.00 although additional relief may be available. Interested parties are advised to make their own enquiries (Wandsworth Council).
VAT - VAT may be applicable on the rent.
LEGAL COSTS - Each party are to bear their own legal and surveying costs incurred in this matter.
EPC - The premises have an EPC rating of G (177).