LET: 195 Garratt Lane, London, SW18 4DR – A ground floor shop fronted premises with full height basement to let under a new lease

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. There is a full height basement which has been tanked and ground water pumps installed. There is a WC at basement level. The property was most recently used as a hair salon but is considered suitable for a variety of uses within Class E, such as professional services, quasi-medical and retail.

ACCOMMODATION: –
Gross frontage 3.509m (11ft) approx.
Internal width 3.509m (11ft) reducing to 2.854m (9ft) approx.
Maximum depth 8.198m (27ft) approx.
Ground floor area 25.353m² (273ft²) approx.
Basement 29.221m² (314ft²) approx.
WC

TENURE: – The property is to be offered by way of a new lease, the length of which is to be negotiated.

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 a hair salon but is considered suitable for a variety of uses.

Interested parties should make enquiries of the Local Authority in respect of their intended use prior to offer.

RENT: – An initial rent of £22,500 (twenty-two thousand five hundred pounds) per annum exclusive is sought.

BUSINESS RATES: – The property has undergone some alteration, and a revaluation is required.

www.tax.service.gov.uk/business-rates-find/search

EPC RATING: – The property has an EPC rating of 42 within Band B.

VAT: – We understand that the property is not elected to VAT.

VIEWINGS: -Viewings by prior arrangement – please telephone 0208 681 2000.