Retail in London

Location

The premises are situated within a parade of shops fronting New Cross Road (A2) between Casella Road and Billington Road. There is easy access into Central London and out to the south east via the A2 and A20 main arterial roads as well as to the north of the river using the Rotherhithe Tunnel.
New Cross Gate station is in close proximity and benefits from the recently extended East London line, part of the London overground network providing regular services to Croydon, Jubilee Line at Canada Water and North London. New Cross Gate station currently provides rail services into Waterloo East, Victoria, Charing Cross and London Bridge.

Description

Entire shop/office building

Accommodation

Description
The property comprises a three storey Victorian terraced building arranged over 3 floors with rear garden. On ground floor level the premises consists of a front reception area, rear office, kitchen and disabled WC. The first and second floors comprise of further office space with male and female WCs.
The property is fitted out to a high standard which includes gas fired central heating with thermostatic controlled radiators, part suspended ceilings, category II/spot lighting, computer cabling points throughout, fire and burglar alarm system and electric roller shutters protecting the shop front.
Accommodation
The property has the following approximate net internal areas:
Ground Floor
Retail Area 33.90 sq. m. (365 sq. ft.)
Rear Office 9.50 sq. m. (102 sq. ft.)
Kitchen 5.70 sq. m. ( 61 sq. ft.)
Disabled WC
First Floor
Office 1 16.20 sq. m. (174 sq. ft.)
Office 2 8.40 sq. m. ( 90 sq. ft.)
Shower Room 2.80 sq. m. ( 30 sq. ft.)
Male & Female WCs
Second Floor
Office 3 16.90 sq. m. (182 sq. ft.)
Office 4 11.90 sq. m. (128 sq. ft.)
Office 5 7.60 sq. m. ( 82 sq. ft.)
Total 112.90 sq. m. (1,214 sq. ft.)
Terms
The property is to be let on a new full repairing and insuring lease for a term to be agreed.
Rates
The property is entered in the 2010 rating list with a rateable value of £6,900. The Standard Business Rates Multiplier for 2012/13 is 45.8p in the £. For further information on business rates including relief which could be applicable, visit www.mybusinessrates.gov.uk.

Planning
We understand taht the property has A2 office planning consent on the ground floor and B1 office consent on the upper two floors. Our client will also consider training and education uses, subject to planning consent. However, the tenant must make their own enquiries of the Planning Authority to ensure that their proposed use is permissible prior to entering into any form of contract.
Rent
£17,500 per annum exclusive.
Legal Costs
Each party to be responsible for their own legal costs.
VAT
Please note that VAT is not chargeable.
Viewing
Strictly by prior arrangement with sole agents Hindwoods.