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Retail Property (high street) to rent

380 Garratt Lane, London, SW18

Let Agreed 1,277 sq. ft. | £37,500 pa| £3,125 pcm

Property Description

Commercial information

  • 1,277 sq ft (118 sq m)
  • Use class orders: A1 Shops

Full description

Tenure: Leasehold

Location:
The property is located within 1 minute of Earlsfield station on a busy thoroughfare of Garratt Lane, other retailers on the street include brands such as Carluccio's, Caffe Nero and Barclays Bank amongst other local retailers. The property benefits from excellent transport communications with Earlsfields train Station 0.1 miles and Wimbledon Park (District Line) 1.1 miles. Several local bus routes also run along Garratt Lane, with a stop outside the unit.

Description:
The premises occupy a prime retail location and will provide an A1 unit arranged over ground floor and basement level. There is also a rear courtyard that backs onto Summerley Street that can provide access.

Accommodation:
The premises benefit from the following approximate net internal floor areas:

Ground Floor Sales 83.24m2 896 ft2
Basement 35.43m2 381 ft2
TOTAL: 118.67 m2 1,277 ft2

TERMS:

Tenure:
Our client is looking to let the property on a new full repairing and insuring lease for a term to be agreed.

Rent:
37,500 per annum exclusive of VAT.

Premium:
Premium offers are invited.

Rates:
We have been advised that as of April 2010 the rateable value of the property is 11,750. Rates payable for this financial year are estimated to be in the region of 5,640 and 5,792.75.

VAT:
VAT might be applicable for this property.

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