LOCATION: – The property is situated fronting Streatham High Road in a prominent trading position fairly close to Streatham Hill mainline station. The property has a pedestrian crossing immediately outside which encourages foot flow to the locality and also forces vehicular traffic to stop periodically. The property is a couple of doors away from a Tesco convenience store which also enhances foot flow to the locality. The property is set behind a deep pavement and formerly formed part of a banking hall. Streatham High Road forms part of the main A23 commuter route and the property benefits from considerable volumes of passing vehicular traffic. The surrounding area is a densely populated catchment which the locality is able to service.
DESCRIPTION: – The property comprises a ground floor shop fronted unit forming part of a banking hall. The property is to have a new shopfront and has useful additional storage to the rear together with a fire exit.
ACCOMMODATION: –
Gross frontage 8.4m
Internal width 8.1m narrowing to 6.5m.
Max shop depth 12.9m
Sales area 96.25m2 (1,036ft2)
Former vault store 28.02m2 (302ft2)
Small store 8m2 (86ft2)
Office/store 6.13m2 (66ft2)
Internal 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 was most recently occupied as a banking hall and would fall within Class E of the latest Town and Country Planning (Use Classes) Order. The property 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/PRICE: – An initial rent of £37,500 (thirty-seven thousand five hundred pounds) per annum exclusive is sought.
BUSINESS RATES: – The property is due to be re-assessed for business rates and will have a new rateable value designated.
www.tax.service.gov.uk/business-rates-find/search
EPC RATING: –A new EPC has been commissioned, and the results will be made available upon receipt.
VAT: – We understand the property is not currently elected to VAT.
VIEWINGS: – Viewings by prior arrangement – please telephone 0208 681 2000
Features
Download property details
Location
Streatham High Road, London SW16 1DA, UK