The retail unit is arranged over ground and basement forming part of a mid-terrace, late Victorian building. The ground floor is open plan, being a former betting shop and provides a retail sales area with storage to the basement.
The external shop front width is approximately 4.50m
Location
The subject property is located in one of Wimbledon’s prime retail pitches, opposite the New Wimbledon theatre. There is a mixture of nearby occupiers and uses including supermarkets, Cinema, Nuffield Health Club, and numerous restaurants including Pizza Express and Nandos and takeaways including KFC and Pizza Hut.
Wimbledon train station is within a short walk, providing British Rail services into London via the District Line (Underground) and Tram services to Croydon. The nearby bus station provides regular bus routes, servicing the local area.
Accommodation
Retail: 719 sq. ft. (66.80 sq. m.)
Basement: 644 sq. ft. (59.86 sq. m.)
TOTAL: 1,363 sq. ft. (126.66 sq. m.)
The basement has a restricted headroom of approximately 1.60m.
Terms
VAT - VAT is not applicable.
TENURE - Available by way of a new effective full repairing and insuring lease on terms to be agreed.
RENT - £55,000 per annum exclusive.
RATES:
2017 List Rateable Value: £22,500
No rates payable until April 2020.
The 2020/21 UBR is XXX in the £. Source: VOA website.
Interested parties should make their own enquiries with Merton Council to confirm the rates payable.
EPC - B: 47.
LEGAL COSTS - Each party is to bear their own legal costs incurred in this transaction.
Specification
- Busy Wimbledon retail pitch.
- Ground floor and basement.
- Class E use.