Location
Villiers Court is situated on Upper Mulgrave Road within close proximity to Cheam Village which offers an excellent range of amenities in terms of retail shops and restaurant facilities.
Cheam Railway Station offers a regular 30 minute service to both London Victoria and London Bridge Stations.
Description/Accommodation
Villiers Court is a two storey building of traditional brick construction and the accommodation available forms part of the ground floor.
Approximate net internal areas
Internal Area
-
Net internal areas as follows:
-
-
Ground Floor Total
71.35 sq m - 768 sq ft
Amenities
Terms
The current Lease is an effective full repairing and insuring Lease expiring in 15th June 2030 at a current rent of £16,076.50 per annum. Subject to a rent review on the 15th June 2025 with inflation reviews on the 15th January 2023 and 15th January 2028.
This Lease is available by way of an Assignment but alternatively a new Lease could be granted direct from the Landlord.
Service Charge
A service charge operates and covers the cleaning of the communal areas. Further information is available upon request.
Business Rates
According to the Government website the property has a Rateable Value of TBC. The UBR for 2022/23 is 49.9p in the £.
Legal Costs
Each Party to be responsible for their own legal costs incurred in this transaction.
Energy Performance Certificate
The Rating for this property is: D (80)
Benefits include
Property Misdescriptions 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