LOCATION: – The property is situated fronting London Road in Mitcham, which is the main thoroughfare and bus route through Mitcham town centre ensuring high visibility. The property is set behind a deep pavement and there are bus stops immediately outside which enhances foot flow. London Road benefits from virtually constant passing vehicular traffic, which is particularly heavy during the rush-hour periods and there is also a densely populated residential catchment surrounding the location which the unit is able to service.
DESCRIPTION: – The property comprises a large shop with an excellent frontage. The property has solid floors, maximum ceiling heights of 3.6m, loading doors to the rear and a yard area with vehicular access door loading and unloading. There is a mezzanine area containing a security office and staffroom and male and female WCs.
There is a large basement beneath the premises, which is not intended to be included in the demise but could be available by separate negotiation. Further details available upon request.
ACCOMMODATION:
Gross frontage 16.48m
Internal width 15.6m narrowing to 13.13m towards the rear
Maximum shop depth 28.87m
Sales area 415m² (4465ft²) approx.
Mezzanine staffroom 38.89m² (420ft²) approx.
Security room 6.09m (65ft²) approx.
Externally
Side/rear yard for loading and unloading.
USE/PLANNING: – The property falls within class E of the latest Town and Country Planning use classes order and is considered suitable for a wide variety of uses including retail, leisure, medical/quasi medica, and restaurant.
Other uses may be considered subject to any necessary consents.
TENURE: – The property is to be offered by way of a new lease, the length of which is to be negotiated.
RENT/PRICE: – An initial rent of £65,000 per annum exclusive is sought.
BUSINESS RATES: – The property has a current rateable value of £63,500 but was assessed including the basement. If the property is let without the basement then a reassessment will be required and is likely to reduce. 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 Energy Performance Certificate rating of 76 within Band D.
VAT: – VAT may be applicable to all rents and outgoings. Interested parties should make enquiries of the letting agents in this regard.
VIEWINGS: – Viewings by prior arrangement – please telephone 0208 681 2000.
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Location
CR4 3NB