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Description

FOR RENT (MAY SELL) RETAIL (A2) PREMISES LOCATED ON BUSY HIGH STREET

Location:
The premises are situated on the western side of Walworth Road, on a prominent corner position with Sutherland Walk. The road itself has seen numerous multiple retailers move over the last number of years and shops such as Argos, Peacocks, Blakes Menswear, Iceland, Superdrug, Marks and Spencers, Pizza Hut and Fitness First are situated on Walworth Road. Transport links are good with numerous bus routes running along Walworth Road and Kennington Underground (Northern Line) is approximately 700 meters away.

Accommodation: All measurements are approx.
The premises are arranged over ground and raised ground floor and have the following floor areas and dimensions.

Return Frontage: 7’3” 2.22 m
Gross Frontage: 17’4” 5.27 m
Net Frontage: 17’2” 5.22 m

Floor: Sq ft Sq m

Ground: 240 sq ft (22.2 sq m)

Raised Ground Floor: 210 sq ft (19.5 sq m)

Raised Ground Floor Rear Ancillary: 115 sq ft (10.6 sq m)

Total: 565 sq ft (52.4 sq m)


Rental:
Offers in the region of £30,000 per annum exclusive, on a New Full Repairing and Insuring Lease for a term of 15 years or more. Alternatively the client may consider selling the premises by way of a new 125 years long leasehold interest at £525,000. More information is available on request.

Business Rates:
The Rateable Value for the year 2008/2009 is £13,750.

NB: All interested parties are advised to make their own enquiries.

VAT:
To be confirmed.

Legal Costs:
Each party is to be responsible for their own cost incurred in the transaction.

Viewing:
Strictly by appointment through Owners Sole Agents:

Goodsir Graham

020 7796 3796