The subject property consists of two separate retail units positioned over ground floor only. The units will be available in a shell condition.
Location
The property is situated on the west side of King George’s Park. The unit is a short walk from Southfields station (District Line) Underground Station. Nearby traders include Samsara Mind and Body, a Wellness Studio offering pilates and yoga classes, Merton Road Londis and The Park Tavern.
Accommodation
The premises benefit from the following approximate floor areas:
197 Merton Road
Ground Floor - 74.03 sq m (797 sq ft)
199 Merton Road
Ground Floor - 60.24 sq m (648 sq ft)
Terms
Tenancy - A new full repairing and insuring lease to be agreed by way of negotiation for one or both commercial units.
Rent:
197 Merton Road: £17,000 per annum exclusive
199 Merton Road: £17,000 per annum exclusive
Planning - A ground floor unit within A1use, in accordance with the Town and Country Planning Order 1987 as amended.
Business Rates - The property is in an area administered by the London Borough of Wandsworth. The Rateable Values for each unit are:
197 Merton Road: £16,250 x £0.49 (small business multiplier) = £7,963 per annum business rates*
199 Merton Road: £12,750 x £0.49 (small business multiplier) = £6,248 per annum business rates*
*Interested party’s are strongly advised to contact the London Borough of Wandsworth
VAT - TBC
EPC - Available on request.