LOCATION: – The property is situated fronting Woodcote Road in the centre of Wallington in Surrey and positioned amongst a range of multiples. The property is directly opposite Boots pharmacy and the entrance to The Square shopping centre. Other nearby multiples include Post Office, W H Smith, Costa, Greggs, Iceland, Tesco Express, Specsavers, Nationwide Building Society, Santander and Clinton Cards. There is a pedestrian crossing nearby and a large public car park to the rear of the property with a pedestrian access adjoining the property. Woodcote Road is a busy thoroughfare and bus route, and the property is set behind a deep pavement. The property is within easy striking distance of Wallington station and the surrounding catchment is a reasonably densely populated and relatively affluent environment.
DESCRIPTION: – The property comprises a two storey end terraced building occupied by Barclays Bank but due to be vacant on 28 July 2023. The property has an attractive façade and return frontage, rear fire exit, small yard area with vehicular access and is arranged internally as a banking hall with ancillary ground floor accommodation and first floor offices. The property has excellent natural light, solid floors at ground floor, air
conditioning (not tested) and WC facilities at ground and first floor.
ACCOMMODATION:
Gross frontage 12m
Return frontage 10.5m
Internal width 11.82m
Shop depth 10.27m
Ground floor floor area 133.96m² (1442ft²) approx.
Ground floor offices 62.48m² (672ft²) approx.
Ground floor storage 53.16m² (572ft²) approx.
First floor offices 99.68m² (1070ft²) approx.
WCs at ground and first floors
Externally
Small rear yard with vehicular access via a service road.
USE/PLANNING: – We understand the property currently falls within Class E of the latest Town and Country Planning (Use Classes) Order and has most recently been used as a banking hall. The property is considered to have development potential to exploit the upper floor and possibly the air space, subject to any necessary consents. The property is considered suitable for a variety of occupiers including retail, offices, medical and quasi medical and other potential uses.
TENURE: – The property is to be offered freehold and with vacant possession after 28 July 2023.
REPRICE: – Offers in excess of £1.1m are sought for our client’s freehold interest with vacant possession.
BUSINESS RATES: – The property has a ratable value of £57,500. Interested parties should contact the local authority to confirm the rates PAYABLE. www.tax.service.gov.uk/business-rates-find/search
EPC RATING: – 44 within band B.
VAT: – We are advised by the vendors that no VAT is payable.
VIEWINGS: – Viewings by prior arrangement with joint sole agents – please contact:
Peter Friend of HNF Property on 0208 681 2000 email: psf@hnfpropety.com
Alex Lewis of Union Street Partners on 020 3328 5375 email: alexl@usp.london
Alex Jackson of Union Street Partners on 0203 757 7777 email: alexj@usp.london
Philip Martin of Union Street Partners On 0203 328 5372 email: philip@usp.london
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SM6 0LY