TO LET: 124/126 St Mildreds Road, LEE, SE12 0RG – Well positioned retail

£24,500 Per Annum Exclusive · Retail · Under Offer
UNDER OFFER

DESCRIPTION: – The property comprises a ground floor lock-up shop, most recently used as a musical instrument shop. The unit is formed of an open plan sales area with WC and storerooms to the rear.

LOCATION: – The property is situated fronting St Mildreds Road which forms part of the South Circular Road (A205). on a corner position with Verdant Lane.

The property is in a prominent position benefiting from considerable passing vehicular traffic and an amount of pedestrian flow generated by nearby retailers.

The surrounding area is a densely populated residential catchment which the parade is able to serve. The property shares the block with a mixture of specialist retailers and service industries and the property would suit a variety of business.

ACCOMMODATION:

Internal width 9.67m
Shop depth 10.46m
Sales area 78.05m² (840ft²)
Internal WC

Figures relating to accommodation are approximate and rounded up for the purpose of guidance. They should not be relied upon and potential occupiers are recommended to have a measured survey undertaken prior to making an offer.

TENURE: – The property is to be offered under a new lease on full repairing and insuring terms, the length of which is to be negotiated.

USE/PLANNING: – We understand the property currently falls within Class E of the current Use Classes Order and is considered suitable for a variety of retail uses.

RENT/PRICE: – An initial rent of £24,500 (Twenty-four thousand five hundred pounds) per annum exclusive is sought.

BUSINESS RATES: – The property has a rateable value of £16,250.00. Interested parties should contact the local authority to confirm the rates payable.

EPC RATING: – The property has an energy performance certificate rating of 69 within Band C.

Features

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Location

SE12 0RG

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