LOCATION: – The property is situated fronting the high street in Cheam Village, a popular local commercial area. The high street is a bus route and the property benefits from significant passing vehicular traffic which is particularly heavy during the rush hour period. The Parade benefits from a variety of multiple occupiers, such as Cromwell’s Estate Agents, a Sainsbury’s Local, and a Costa Coffee, as well as a number of independent traders.
DESCRIPTION: – The property comprises a ground floor shop fronted premises. The property is currently partitioned as a sales area, rear ancillary, and a WC. There is rear access onto off-street parking. The property further benefits from an aluminium shop front. The property was most recently used as a high street office but is considered suitable for a variety of trades such as retail and quasi-medical.
ACCOMMODATION: –
Gross frontage 5.2m (17ft)
Internal width 5.2m (17ft) widening to 5.4m (18ft).
Maximum depth 6.3m (20ft)
Sales area 32.76m² (353ft² approx.)
Rear ancillary 8.16m² (87ft²)
WC
Parking
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 of the Town and Country Planning (Use Classes) Order.
Interested parties should make enquiries of the local authority in respect of their intended use prior to offer.
RENT: An initial rent of £17,500 (seventeen thousand five hundred pounds) per annum exclusive is sought.
BUSINESS RATES: – The property has a current rateable value of £11,250. Interested parties should contact the local authority regarding the rates payable.
www.tax.service.gov.uk/business-rates-find/search
EPC RATING: – The property has an EPC rating of 98 within Band D.
VAT: – All capital figures quoted are exclusive of VAT.
VIEWINGS: –Viewings by prior arrangement – please telephone 0208 681 2000.
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Location
High Street, Cheam, Sutton SM3 8RW, UK