LOCATION: – The property is situated fronting Sydenham Road in the centre of Sydenham in southeast London in an excellent trading position set amongst a number of multiple operators. Sydenham Road is a busy thoroughfare and bus route and the property benefits from reasonably constant passing vehicular traffic. There is a good deal of pedestrian foot-flow generated by nearby occupiers including NatWest Bank, Mann & Co Estate Agents, Subway, Paddy Power, William Hill, Morleys, Imperial Cancer and a substantial Superdrug which is immediately next-door. There are short term (40 mins) parking bays immediately outside the property which enhance quick-stop trade to the locality. There is also a nearby pedestrian crossing which improves foot-flow. Sydenham itself is a popular and increasingly affluent catch which the property is able to service.
DESCRIPTION: – The property comprises a ground floor lock up shop most recently used as a pawnbroker but considered suitable for a wide variety of operations. The property has an aluminium shop front secured with electric security shuttering, solid floors, suspended ceiling and a narrow storage corridor and staff area. The property has a rear fire exit and an internal WC.
ACCOMMODATION: –
Gross frontage 5.7m
Internal width 5.59m
Shop depth 7.29m
Sales area 63.11m² (680ft²) approx.
Rear corridor / store 11.95m2 (129ft2) approx.
Rear staffroom 7.1m2 (76ft2) approx.
Internal WC
Rear Fire Exit
USE/PLANNING: – The property currently falls within Class E of the latest Town and Country (Use Classes) Order and is considered suitable for a wide variety of trades.
TENURE: – The property is to be offered by way of a new lease, the length of which is to be negotiated.
RENT: – An initial rent of £23,500 (twenty three thousand five hundred pounds) per annum exclusive is sought.
BUSINESS RATES: – The ratable value is £15,750. Interested parties should contact the local authority to confirm the rates PAYABLE. www.tax.service.gov.uk/business-rates-find/search
EPC RATING: – The property has an EPC rating of 45 within B.
VAT: – We are advised by the landlords that the property is not elected to VAT.
VIEWINGS: –Viewings by prior arrangement – please telephone 0208 681 2000.
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Location
Sydenham Road, London SE26 5EZ, UK