The property comprises a two-storey terraced building of traditional brick construction beneath a pitched tiled roof, and forms part of a parade of similar premises with commercial to the ground floor, and residential upper parts. The subject premises form the ground floor A3 restaurant.
( Agency Pilot Software Ref: 353 )
Location
The premises are situated on the southern side of Upper Mulgrave Road, almost opposite the junction of Station Approach.
Cheam British Rail Station is in close proximity and offers a fast and frequent service to both London Victoria and London Bridge.
Cheam benefits from excellent road communications. The A3 is within approximately 3¾ miles, whilst Junction 9 of the M25 is approximately 6½ miles and Junction 8 approximately 8 miles.
Accommodation
The premises have the following approximate floor areas:
Restaurant / Retail Area - 21.98 sq m (237 sq ft)
Rear Storage / Kitchen / WCs - 16.93 sq m (182 sq ft)
Total Gross Internal Floor Area - 38.91 sq m (419 sq ft)
There is parking to the rear of the property, which is accessed via a service road off Upper Mulgrave Road, together with one garage, either for additional parking or storage. All dimensions and measurements are approximate, however these are based upon the principles laid down in accordance with the RICS Code of Measuring Practice.
Terms
Terms - The premises are available to let on a new Full Repairing and Insuring Lease for a term to be agreed.
VAT - The property has not been elected for VAT.
Rental - The commencing rental is £XXX per annum exclusive. Premium: Nil premium.
Rates - According to the VOA website, the property has a Rateable Value of £XXX Therefore, Rates Payable in the current financial year for 2019-2020 are £XXX NB: Please note that the rates actually payable may be subject to transitional relief. For a more accurate assessment of rates payable for the current year, please contact the Local Authority.
EPC - The property has a current rating of D (77).
Legal Costs - Each party is to be responsible for their own costs in this transaction.