Retail in London

Location

The property is prominently situated on Walworth Road (A215) between Macleod Street and Fielding Street. The property benefits from a substantial amount of footfall and vehicular movement positioned directly opposite Argos, Superdrug and Santander. Other multiple retailers close by include Marks & Spencer, Tesco and O2.
Elephant & Castle underground (Northern and Bakerloo Lines) and Railway stations are in close proximity providing regular services into central London with mainline railway services out into Kent. The property is well served with numerous buses going into the city and surrounding areas.

Description

A2 Shop Premises - Entire Building

Accommodation

Description
The property comprises the entire building of four floors, ground, basement, first and second floors. The premises are arranged as partitioned offices on ground, first and second floors with the basement used for storage purposes. There is a kitchenette and WC situated at the rear of the ground floor. The premises are fitted out with category II lighting, suspended ceilings, gas central heating and double glazed windows.
Accommodation
The property has the following approximate net internal areas:
Ground Floor 40.89 sq. m. (440 sq. ft.)
Ground Floor WC
First Floor 35.13 sq. m. (378 sq. ft.)
Second Floor 35.13 sq. m. (378 sq. ft.)
Basement 34.67 sq. m. (373 sq. ft.)
Total 145.82 sq. m. (1,569 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 £17,000. 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 that the property has A2 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
£29,500 per annum exclusive.
Legal Costs
Each party to be responsible for their own legal costs.
VAT
Please note that VAT will not be chargeable.
Viewing
Strictly by prior arrangement with sole agents Hindwoods.