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Ground floor 920ft2 (85.5m2)
LOCATION: The property is situated on the south side of St John's Hill. It is adjacent to Sainsburys Local which attracts a high volume of customers. There are a few interiors and homeware showrooms including Potter Perrin Tiles, Glass Trends showers, Espresso Design kitchens, Forbes and Lomax designers, The London Door Company, Chesterfield Sofas and the new Leyland Decorating Centre. The surrounding area is high value residential. Clapham Junction Mainline Station is about a 10 minute walk.
DESCRIPTION: The property comprises a large front sales area which has been fitted with bespoke displays; a rear staff area and kitchen and small rear yard. There is a separate side access.
The property is in excellent decorative condition and benefits from air-conditioning, laminate wood flooring throughout, an electric external security shutter and good natural light.
ACCOMMODATION: The property comprises the following approximate areas and dimensions:-
Internal width (max.) 14'10" ( 4.5m)
Built depth (max.) 70' (21.3m)
Net internal area 920ft2 (85.5m²)
2 WCs
LEASE: The property is held on a Lease for a term of 10 years from 16 October 2017. There is an upward only rent review on the 5th anniversary of the Lease - 16 October 2022. There is a mutual break clause on the 5th anniversary on giving at least six months notice.
RENT: £36,250 per annum exclusive.
PREMIUM:- £30,000
BUSINESS RATES: London Borough of Wandsworth
Rateable Value (2017 list): £25,250
SBR multiplier (2021/22):- 49.9p in the £
Rates Payable (2021/22): £12,599.75
This information has been obtained verbally and we would advise interested parties to verify this with the appropriate rating authority.
LEGAL COSTS: The ingoing tenant to be responsible for both parties reasonable legal costs.
VIEWING: Strictly by appointment through Sole Agents:
BELLS COMMERCIAL 020 7228 4405 Ref: CE
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