The property comprises a triple fronted corner position unit currently occupied by a car sales and leasing business. All three units interconnect and there are some structural walls internally which currently divide units into various sections. In addition, there are further internal partitions which are relatively easily demountable and removed. The property has rear pedestrian access via a service road and there is a small forecourt to the front of the building. The property has natural light front, side and rear and the property is considered suitable for a variety of uses but especially the restaurant trade.
Location
The property is situated with a very good frontage to Lower Addiscombe Road close to a nearby Tramlink station and at the end of a prominent block. Lower Addiscombe Road is a busy link road and thoroughfare and the property benefits from considerable passing vehicular traffic and a fair amount of pedestrian flow generated by nearby retailers and the proximity to the Tramlink station. The surrounding area is an extremely densely populated residential catchment which the property would be able to serve. The surrounding area is also dominated by relatively small retail units making a triple fronted unit somewhat of a rarity. The property is directly opposite a large NatWest bank and other multiples nearby include William Hill. There is a pedestrian crossing immediately the subject property.
Accommodation
Gross Overall Frontage - 71’ 21.64m
Return Frontage - 34’ 10.36m
Maximum Internal Width - 67’9 20.60m
Maximum Shop Depth - 44’ 13.41m
Sales Area - 2250 sq ft (209.02 sq m) (approx)
Conservatory Area (incorporating Kitchenette area) 250 sq ft (23.22 sq m) (approx)
Total - 2800 sq ft (260.12 sq m) (approx)
Small Forecourt
Rear Access
Male & Female WCs
Terms
TENURE - The property is offered by way of a new lease, on full repairing and insuring terms, the length of which is to be negotiated.
USE/PLANNING - We understand the property has most recently been used as a car sales and car leasing outlet and as such is outside the current Use Classes Order (Sui Generis). The property benefits from a lapsed planning consent to convert the property into Class A3 (Restaurant) subject to conditions and it is felt that such a consent may be re-established by an interested party. Alternatively, a use within Class A1 (General Retail) or other uses may be available subject to any necessary consents. Prospective tenants are advised to make their own enquiries of the local Planning Authority concerning existing and potential changes of use prior to offer.
RENT - An initial rent of £45,000 (forty five thousand pounds) per annum exclusive is sought.