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Retail unit to let in New Malden

94-96 High Street, New Malden, KT3 4EX
To rent
£65,000 p.a.

COMMON USE CLASS: A1 Shops, B1 Business

bonsors
This property is marketed by:
Bonsors

Key Features

  • Prime High Street location
  • Ornate frontage
  • Male and female WCs
  • Class E Use
  • Basement storage 

Description

The premises were previously a branch of Lloyds Bank and comparise retail on the ground floor with male and female WCs plus basement storage.

The ground floor former banking hall has a double frontage to the east side of New Malden High Street of approximately 36 feet or 10.97 m. There are 5 arched windows to the front elevation and ornate stonework to the window reveals

Location

New Malden is located approximately 11 miles to the south west of central London and is one of the major retail centres in the Royal Borough of Kingston upon Thames. The premises are located in a prime retail pitch in the centre of New Malden High Street, between its junctions with Blagdon Road and Coombe Gardens. Other retailers nearby include Poundland, W H Smith, Boots, Nationwide Building Society, Café Nero, Card Factory, Holland and Barrett and McDonalds. Car parking is available for shoppers in the Waitrose supermarket car park and in the Blagdon Road car park and adjoining New Malden Centre car park approximately 5 minutes walk away. 

Planning

Previously Class A2 the property is now within Use Class E (Commercial, Business and Service) and could be suitable as a retail unit, restaurant, coffee shop or as a medical use.

Accommodation

The premises have an approximate net internal ground floor area of 1800 sqft (167.22 sqm) with basement storage of approximately 331 sqft (30.75 sqm)

VAT

Not applicable

Rating

The property has a rateable value of £44,250. The rates payable for the year from April 2021 are £22,080.75. This is the full amount payable and interested parties should verify this information with the Royal Borough of Kingston upon Thames.

Lease

The unit is to let on a new full repairing and insuring lease for a term to be agreed. RENT £65,000 pax

EPC

The property has an EPC rating of E – 103.

Legal Costs

Each party to be responsible for their own legal costs.


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