LOCATION: – The property is located on Garratt Lane, a popular commercial road linking Wandsworth to Tooting. The property shares the vicinity with a number of multiple retailers, such as the Co-operative Food, Coral, and a variety of independent traders. Garratt Lane is a bus route that experiences a significant amount of passing vehicular traffic and pedestrian foot flow. There are temporary parking bays at the front of the property promoting quick stop trade. The local area is a densely populated residential catchment that the subject property is able to service.
DESCRIPTION: – The property comprises a ground floor shop fronted premises that has recently undergone refurbishment. The property benefits a new aluminium shop front. There is a full height basement which has been tanked and waterproofed. There is a WC at basement level. The property was most recently used as an office but is considered suitable for a variety of uses within Class E, such as professional services, quasi-medical and retail.
ACCOMMODATION: –
Gross frontage 3.456m (11ft) approx.
Internal width 3.456m (11ft) reducing to 2.689m (9ft) approx.
Maximum depth 7.399m (24ft) approx.
Ground floor area 22.733m² (245ft²) approx.
Basement 27m² (290ft²) approx.
WC
TENURE: – The property is available for purchase under a 999-year lease at a peppercorn ground rent.
USE/PLANNING: –We understand the property currently falls within Class E (Retail / Office) of the current Town and Country Planning (Use Classes) Order and was most recently used as an office but is considered suitable for a variety of uses within Class E.
Interested parties should make enquiries of the Local Authority in respect of their intended use prior to offer.
PRICE: – £230,000 (two hundred and thirty thousand pounds).
BUSINESS RATES: – The property has a rateable value of £9,300 (nine thousand three hundred pounds). Interested parties should contact the Local Authority to confirm the rates payable and available transitional reliefs. Enquiries should be made of the Valuation Office Agency in this regard.
www.tax.service.gov.uk/business-rates-find/search
EPC RATING: – The property has an EPC rating of 28 within Band B.
VAT: – We understand that the property is not elected to VAT.
VIEWINGS: -Viewings by prior arrangement – please telephone 0208 681 2000.
Features
Download property details
Location
Garratt Lane, London SW18 4DP, UK