The property comprises a three-storey mid-terraced building of brick construction beneath a pitched tiled roof. The subject premises comprise the ground floor lock-up shop.
( Agency Pilot Software Ref: 264 )
Location
The premises are situated in a prominent location on the south side of the High Street, close to the junction with The Broadway.
Cheam Village offers a wide range of retail, restaurant and leisure facilities. Nearby occupiers include Sainsbury's Local, Costa Coffee, Santander Bank, Boots, W H Smiths and Pizza Express.
Cheam benefits from excellent road communications. The A3 is within approximately 3¾ miles, whilst Junction 9 of the M25 is approximately 6½ miles and junction 8 approximately 8 miles.
Cheam British Rail Station is within close proximity, offering fast and frequent services to both London Victoria and London Bridge.
Accommodation
The premises have a gross internal floor area of approximately 60.91 sq m (656 sq ft).
Terms
The premises are available on a new Full Repairing and Insuring Lease for a term to be agreed.
VAT: The property has been elected for VAT.
Rental: The commencing rental is £17,000 per annum exclusive.
Rates: According to the VOA website, the property has a Rateable Value of £12,000. Therefore, Rates Payable in the current financial year for 2019-2020 are £6,048.
NB: Please note that the rates actually payable may be subject to transitional relief. For a more accurate assessment of rates payable for the current year, please contact the Local Authority.
Legal Costs: Each party is to be responsible for their own costs in this transaction.