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Location
Walworth Road is one of the main shopping areas in the London Borough of Southwark and has a large number of pedestrians. East Street Market and which adjoins Walworth Road, is a busy thriving market but also attracts a large number of people.
Walworth Road is a key arterial road into central London, forming part of the A214 Corridor. The nearest transport link is Elephant & Castle Underground Station (Northern Line/Bakerloo Line).
Numerous multiple retailers are situated close by including Santander, William Hill, Carphone Warehouse, Tesco Express, SpecSavers, Paddy Power, KFC and Blockbuster.
Accommodation
The accommodation available comprises the ground floor and basement. There is rear access to the ground floor.
The net internal floor areas are as follows:
Ground floor retail: 63.27 sq m (681 sq ft)
Basement: 35.21 sq m (379 sq ft)
98.48 sq m (1060 sq ft)
Terms
The property is available to let by way of a new full repairing and insuring lease for a term of years to be agreed, at a rent of £35,000 per annum exclusive, plus VAT (if applicable).
Energy Performance Certificate:
Awaiting Energy Performance Certificate. |
Legal
Costs
Each party to pay their own legal costs incurred in this transaction.
Business
Rates
According to the Government website the commercial property has a Rateable Value of £17,250 per annum and the current UBR for 2011/12 is 43.3p in the £.
Viewing
Strictly by appointment only with Agents Gildersleve and Payne.
Contact Nick Payne MRICS
Tel: 01883 723888 email info@gpcommercial.co.uk
Property
Midescriptions Act 1991
Please note the agents have not carried out a survey, have not made
planning enquiries nor tested any of the equipment, apparatus, fixtures,
fittings, services or land and are therefore not able to verify
their condition, or suitability for their purpose
Code of
Practice
Applicants should be aware that the code of practice
on commercial leases in England and Wales strongly
recommends you seek professional advice from a
qualified Surveyor, Solicitor or Licenced Conveyencer
before agreeing or signing a Business Tenancy
Agreement. The Code is available through
professional institutions and trade associations or
through the website www.leasingbusinesspremises.co.uk |
