LOCATION: – The property is situated fronting Streatham High Road, opposite Streatham Common, and forming part of an extremely prominent, but secondary, parade. The property has a bus stop immediately outside which encourages foot flow to the locality, and the property shares the parade with a mixture of offices, specialist retailers and service providers. Streatham High Road forms part of the main A23 commuter route and the property benefits from vast quantities of passing vehicular traffic, much of which is obliged to stop by nearby traffic lights. The property is, therefore, highly visible to passing traffic. The surrounding area is a densely populated residential catchment which the location is able to service.
DESCRIPTION: – The property comprises a ground floor shop fronted premises with additional basement stores. The property is partitioned internally to create individual areas but is capable of being made open plan depending on the intended use. The property has a modern shop front with security shuttering, central heating (not tested) and is well fitted internally. The basement is accessed via an internal staircase and is full height with the benefit of power and light. The basement is suitable for storage only.
ACCOMMODATION: –
Gross frontage 5.6m
Internal width 4.67m narrowing to 3.77m at the
Rear
Maximum depth 15.2m
Sales area 74.32m² (800ft²)
Store 3.53m² (38ft²) approx.
Basement 24.92m² (268ft²) approx.
2 x internal WCs
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 falls within Class E (Retail / Office) of the latest Town and Country Planning (Use Classes) Order and has recently been used as a counselling office. The property is considered suitable for a variety of potential uses within Class E.
Interested parties should make enquiries of the local authority in respect of their intended use prior to offer.
RENT: – An initial rent of £20,000 (Twenty thousand pounds) per annum exclusive is sought.
EPC RATING: – The property has an EPC rating of 81 within band D.
BUSINESS RATES: – The property has a rateable value of £14,750 (Fourteen thousand seven hundred and fifty pounds). Enquiries should be made of the Valuation Office Agency in this regard.
www.tax.service.gov.uk/business-rates-find/search
VAT: – We understand the property is not currently chargeable in respect of VAT on rent and other outgoings.
VIEWINGS: – Viewings by prior arrangement – please telephone 0208 681 2000
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Location
Streatham High Road, London SW16 3PX, UK