The existing property comprises a mixed-use building consisting of a food store let to Lidl and gymnasium let to Fitness 4 Less at ground floor. At first floor level there are vacant offices spanning over 6,000 sq. ft. and at 2nd floor level a multi-storey car park, providing 549 spaces. The building occupies an island site extending to approximately 0.7 acres which fronts Blagdon Road to the north and Cocks Crescent to the south, east and west. The subject offices are located in a strong commuter suburb and have the ability to be used for flexible work space using the hub and spoke approach.
Location
The offices is situated in the busy heart of New Malden to East of the High Street, and includes a Lidl Supermarket, Fitness for Less Gym and adjacent Multi-storey Car park. New Malden Station is located just 400m (circa 7 minutes’ walk) from the site, providing direct National Rail links to London Waterloo Station in approximately 25 minutes.
Accommodation
6,540sq.ft (608 sq.m)
Terms
Rent £100,000 per annum.
Services The unit has electricity and water connected. Insurance The Landlord will insure the premises the premiums to be recovered from the tenant.
Energy Performance Further information available on request.
Rateable Value Rates have been stripped, last rateable value was £62,000. The Local Authority is The Royal Borough of Kingston Upon Thames.
Specification
• Located above a parade of shops
• Prominent town centre location in New Malden
• Tenants include Lidl and Fitness for Less gym