Retail in London

Location

Location
The premises are situated in a prominent corner location fronting Creek Road (A200) and Glaisher Street. It is situated at the front of Millennium Quay, a 700 dwelling development and directly opposite Greenwich Creekside development which is currently under construction and will provide apartments and approximately 25,000 sq. ft. of commercial space. The premises are a short walk to historic Maritime Greenwich.

Description

A1 retail & A2 office premises with A3 potential subject to planning

Accommodation

Description
The premises are arranged on the ground floor forming part of a mixed use development. Other retailers in the vicinity include Tesco, Cycles UK and a Pharmacy.
Accommodation
The property has the following approximate net internal areas:
Ground Floor 246 sq. m. (2637 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 £28,250. 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
The premises have most recently been used for A1 retail and also benefit from an A2 planning consent. There is potential for restaurant use subjec to planning. 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
£50,000 per annum exclusive.
Legal Costs
Each party to be responsible for their own legal costs.
VAT
Please note that VAT is chargeable.
Viewing
Strictly by prior arrangement with sole joint agents Hindwoods 020 8858 9309 or Stiles Harold Williams 020 7389 1500.