The subject property comprises a mid-terraced industrial unit of steel portal frame construction with blockwork elevations, part metal clad to the front. The unit includes a small area of first floor offices to the front of the unit, which has subsequently been extended into additional mezzanine space.
The unit has a single manually operated roller shutter of approximately 3.7m wide and 5.05m high. The eaves height is approximately 7.05m. 6 parking spaces are included.
Location
The property is located on the popular Shannon Commercial Centre, adjacent to the Beverley Way Trading Estate, which is located just off the A3 at Shannon Corner.
New Malden Railway station is approximately 1.2 miles to the west whilst Raynes Park Train station is approximately 1.7 miles to the north-east.
Accommodation
Ground Floor - 1,598 sq. ft. (148.46 sq. m.)
Mezzanine - 446 sq. ft. ( 41.74 sq. m.)
Mezzanine addition - 1,027 sq. ft. ( 95.43 sq. m.)
Total Mezzannine - 1,474 sq. ft. (136.90 sq. m.)
TOTAL - 3,072 sq. ft. (285.36 sq. ft.)
Terms
TENURE - A new lease is available on terms to be agreed.
Alternatively, our client will consider a freehold sale with vacant possession on completion.
RENT: £47,000 per annum exclusive
PRICE: £600,000
VAT - We understand VAT is applicable to the property.
RATES:
GF Rateable value: £41,000
UBR 2025/26 is 49.9p in the £.
Interested parties should make their own enquiries with Merton Council to confirm the rates payable.
LEGAL COSTS - Each party to bear their own legal costs incurred in this transaction.
Specification
- Class E/B8 Use
- LED lights throughout
- Air conditioning to offices
- Eaves height of 7.05m
- 6 parking spaces