The property comprises an A1 Use Class retail unit arranged over ground floor only, currently operating as an independent coffee shop/sandwich bar. The ground floor offers an open plan sales area with a small rear store room, single WC/washroom and provides approximately 10 covers. The unit has recently been refurbished and is in excellent condition.
Location
The property is situated on the west side of Garratt Lane, a busy thoroughfare connecting Tooting and Wandsworth which benefits from a high volume of passing traffic as well as a strong residential demographic. Surrounding operators include Caffé Nero, Carluccio’s, Barclays Bank and Foxtons. As well as numerous other independent retailers, cafes and restaurants. Public transport is available from Earlsfield Mainline Station (South Western Railway) as well as frequent bus services including the 44, 77, 270 and N44.
Accommodation
The property benefits from the following approximate net internal floor areas:
Ground Floor Sales Area - 39 sqm (420 sq ft)
Terms
TENURE - The premises are held on an effective full repairing and insuring lease for a term of 15 years from December 2017 with reviews on each 5th anniversary of the term. The lease is held in personal name and the landlords hold a rent deposit of £10,000.
RENT - £35,000 plus VAT per annum exclusive.
PREMIUM - Offers invited
RATES - We have been advised that as of April 2017 the rateable value of the property is £15,250. Rates payable for this financial year will be in the region of £7,518.25. We would strongly advise interested parties to make their own enquiries via the Local Authority (Wandsworth)
LEGAL COSTS - Each party are to bear their own legal and surveying costs incurred in this matter.
EPC - Attached to brochure.