A mid terraced retail unit at ground floor with access to a rear service road.
The property is predominately open plan and following full refurbishment in 2018, provides fantastically presented modern space with excellent natural light, laminate flooring, and air conditioning. To the rear is a kitchen, together with a single WC.
Location
The property is located in a busy position on Streatham Hill (A23) and within a short walk of Streatham Hill train station, providing suburban services.
Situated in the vibrant and bustling parade, other occupiers include Post Office, estate agents, Decorator’s Mate, health and beauty and food outlets. Streatham Hill Health Centre is opposite and there are numerous bus routes passing the property.
Accommodation
GF Retail - 574 sq. ft. (53.33 sq. m.)
Terms
LEASE - Protected lease available to 19 December 2032 with a rent review 20 December 2027.
RENT - £20,000 per annum exclusive
USE - Previously used as an estate agent’s office (Class E).
SERVICE CHARGE - Circa £900 - £1,100 per annum.
VAT - The property is not elected for VAT.
EPC - GF – Band C (56). Expires 20 August 2033.
LEGAL COSTS - Each party to bear their own legal costs incurred in this transaction.
RATES:
2023 List Rateable Value: £12,750
UBR 2024/2025 - £0.499p in the £
Source: VOA website.
Small Business rates Relief may be available.
Interested parties should make their own enquiries with Lambeth Council to confirm the rates payable
Specification
- Prominent location with high traffic flow
- Rectangular retail area
- Extremely well presented, open plan unit
- CCTV and Intruder Alarm (with remote access and control)
- Fibre Optic broadband available
- Door Entry system