The property will be let in shell condition with capped services allowing occupiers to fit out to their own requirements. Avail Q1 2023.
Location
The premises occupy a prominent location on the roundabout at the Southern end of New Malden High Street within the London Borough of Kingston Upon Thames. There is a wide selection of shops, cafes, restaurants and pubs close by.
New Malden benefits from good road and rail connections with the A3 very close-by. New Malden Railway Station is just a 10 minute walk from the premises, providing regular services into Central London via Wimbledon.
Accommodation
The accommodation and gross internal floor areas are as follows:-
Unit C1 - Drinking Establishment:
Ground Floor - 1,827 sq ft (169.73 sq m)
Basement - 462 sq ft (42.92 sq m)
Service Yard - 192 sq ft (17.84 sq m)
Unit C2 - Retail/Restaurant/Cafe:
Ground Floor - 2,217 sq ft (205.93 sq m)
Terms
TERMS - The units are available to let in shell condition on new leases for a term to be agreed at the below initial rents. The rents are exclusive of service charge which will cover repair and maintenance of the main building, exterior and common parts.
RENT:
Unit C1 - £48,000 pax
Unit C2 - £50,000 pax
SERVICE CHARGE:
Unit C1 - £1,446 pa
Unit C2 - £2,210 pa
VAT - We understand that VAT is applicable to the rents.
RATES – To be assessed
EPC - Awaiting EPC
LEGAL COSTS - Each party to bear their own costs.
Specification
- Two Ground Floor commercial units within new development
- Unit C1 with consent for drinking establishment
- Unit C2 with consent for retail / restaurant / café use
- Potential for other uses subject to planning
- Available to let in shell condition
- Prominent town centre location
- Avail Q1 2023