COMMON USE CLASS: B1 Business, D1 Non-Residential Institutions
Location
The property forms part of Surbiton Plaza Phase 1, a retail and residential development in Surbiton town centre. Unit 3 is located on the corner of St Mary’s Road and Old Post Office Walk approximately 100 metres from the junction with Victoria Road. Surbiton mainline railway station is within five minutes’ walk of the property and there is metered car parking in St Mary’s Road and Victoria Road.
Description
The property comprises a double fronted ground floor unit previously used as a children’s education centre. Amenities include electric heating and airconditioning, two WCs (one disabled) and kitchen/staffroom.
Planning
In 2013 planning consent was granted for medical, health services or non residential education uses within Use Class D1. The property may be suitable for other business/commmercial uses within Use Class E such as offices, medical or indoor sport or fitness subject to planning and any other necessary consents.
Accommodation
The property has an approximate gross internal floor area of 1,428 sq ft (132.66 sq m) to include a kitchen and two WCs.
Rating Assessment
The unit has a rateable value of £6,300 effective from the 1st April 2017. The full amount of rates payable is £3,150 although small business rate relief may be available. Interested parties should verify this information with the Royal Borough of Kingston upon Thames
EPC
The EPC rating for this property is C 59.
Terms
Unit 3 is to let on a new full repairing and insuring lease for a term to be agreed subject to upward only rent reviews. The long leasehold interest may also be available for sale.
Rent
£35,000 per annum exclusive. Estimated service charge approximately £3 per sq ft.
Legal Costs
Each party to be responsible for their own legal and other costs.
Disclosure
In accordance with the Estate Agents Act 1979 the Director and Consultant of Bonsor Penningtons Ltd declare a personal financial interest in this property.
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