Streatham High Road, London, SW16

LOCATION: - The property is situated fronting Streatham High Road in a prominent trading position fairly close to Streatham Hill mainline station. The property has a pedestrian crossing immediately outside which encourages foot flow to the locality and also forces vehicular traffic to stop periodically. The property is a couple of doors away from a Tesco convenience store which also enhances foot flow to the locality. The property is set behind a deep pavement and formerly formed part of a banking hall. Streatham High Road forms part of the main A23 commuter route and the property benefits from considerable volumes of passing vehicular traffic. The surrounding area is a densely populated catchment which the locality is able to service.

DESCRIPTION: - The property comprises a ground floor shop fronted unit forming part of a banking hall. The property is to have a new shopfront and has useful additional storage to the rear together with a fire exit.

ACCOMMODATION: -
Gross frontage 8.4m
Internal width 8.1m narrowing to 6.5m.
Max shop depth 12.9m
Sales area 96.25m2 (1,036ft2)
Former vault store 28.02m2 (302ft2)
Small store 8m2 (86ft2)
Office/store 6.13m2 (66ft2)
Internal WC

TENURE: - The property is to be offered by way of a new lease, the length of which is to be negotiated.

USE/PLANNING: - We understand the property was most recently occupied as a banking hall and would fall within Class E of the latest Town and Country Planning (Use Classes) Order. The property is considered suitable for a variety of uses.

Interested parties should make enquiries of the local authority in respect of their intended use prior to offer.

RENT/PRICE: - An initial rent of £37,500 (thirty-seven thousand five hundred pounds) per annum exclusive is sought.

BUSINESS RATES: - The property is due to be re-assessed for business rates and will have a new rateable value designated.


EPC RATING: -A new EPC has been commissioned, and the results will be made available upon receipt.

VAT: - We understand the property is not currently elected to VAT.

VIEWINGS: -Viewings by prior arrangement - please telephone