LOCATION: -The property is situated with a good frontage to Streatham High Road close to Streatham Hill station and in a highly prominent position. Streatham High Road forms part of the main A23 commuter route and the property benefits from vast quantities of passing vehicular traffic. The property also benefits from the presence of a bus stop virtually immediately outside which enhances foot-flow to the location. There is also a nearby pedestrian crossing which further adds to footfall. The property shares the locality with a mixture of specialist and multiple occupiers with nearby multiples including Tesco, NatWest, Haart Estate Agencies and Stirling Ackroyd. The surrounding area is a densely populated residential catchment which the Parade is able to service.
DESCRIPTION: – The property comprises a ground floor lock-up shop together with a small storage area and WC. The property has an aluminum shop front with electric security shutters across, natural light from the rear and potentially very high ceilings. There is a rear fire exit via a communal accessway to the rear.
ACCOMMODATION:
Gross frontage 7.3m
Internal width 7.14m
Shop depth 10.1m
Sales area 72.15m² (777ft²) approx.
Rear Store 12.05m2 (130ft2) approx. plus, storage cupboards.
Internal WC off the store
USE/PLANNING: – We understand the property currently falls within Class E (Retail / Office) of the latest Town and Country Planning (Use Classes) Order and is considered suitable for a variety of trades.
TENURE: – The property is to be offered by way of a new lease, the length of which is to be negotiated.
RENT: – An initial rent of £25,000 (twenty seven thousand five hundred pounds) per annum exclusive is sought.
BUSINESS RATES: – The property has a ratable value of £21,250 (twenty one thousand two hundred and fifty pounds). Interested parties should contact the local authority to confirm the rates PAYABLE. www.tax.service.gov.uk/business-rates-find/search
EPC RATING: – A new EPC has been commissioned but the previous rating was 61 within Band C. This rating will be updated upon receipt.
VAT: – We are advised by the landlord that the property is elected to VAT and VAT will therefore be chargeable on all rents
VIEWINGS: – Viewings by prior arrangement – please telephone 0208 681 2000.
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Location
SW16 1EQ