Property details

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Property ID: 314
Price/Rent: £15,500
Category: Office/Industrial/Warehouse
Status:  Under offer 
Tenure: Leasehold
Location: Situated behind Tolworth Broadway shops and just off the A3
Town: Tolworth
Short Description: Light Industrial premises with trade counter and front and rear loading.
Long Description:

The Glassworks, Burwood Close, Tolworth, Surrey KT6 7HW

LOCATION

The property is situated in a small cul-de-sac behind the main shopping parade at Tolworth Broadway and just off the A3 London to Guildford carriageway.

DESCRIPTION

A semi detached light industrial building with rear yard with vehicular access and parking and loading area to the front.

The shop comprises the following areas/dimensions:

Main Production Area – 1,500 sq ft (139 sq m)

Side and Rear Storage Areas – 1,250 sq ft (116 sq m)

Gross Internal Area – 2,750 square feet (255 sq m)

Features include:

· Front roller shutter door to loading bay.

· Six car park spaces to front of building.

· Rear hard yard area with vehicular access from service road.

· Three phase electrical power connected.

· Front Trade desk and reception area.

· Office incorporated off main production area.

· Small washroom and tea making facility.

PLANNING

We understand that the property has the benefit of B1(C) Light Industrial/Production Use and/or B8 (Storage or Distribution) Warehouse Use. Applicants interested in alternative uses should make initial enquiries to Kingston Planning Department on 020 8547 5332.

BUSINESS RATES

The annual business rates payable for the year ending March 31st 2010 are £3,686. This annual liability can be further reduced up to 50% by application to the Local Authority for Small Business Rates Relief.

LEASE TERMS

The existing Lease on the premises is available for assignment. This Lease being for a term of seven years from 24th June 2004 (expiry 23rd June 2011) with the right for the Tenant to renew upon expiry, subject to conditions.

Alternatively, a brand new Lease could be available directly from the Landlord, subject to rental terms to be agreed.

RENT
 
£15,500
per annum exclusive.

EPC

The Landlord has been informed that an Energy Performance Certificate (EPC) should be obtained for the subject property. Where an EPC is not displayed, please contact the Agent to confirm the current status.

LEGAL COSTS

The incoming Assignee/Tenant to cover all legal costs in this matter.

VIEWING/FURTHER DETAILS

By application to Sole Agents, Wallakers Commercial on 020 8399 5381.

Seamus Mullaney: smullaney@wallakerscommercial.com

Wallakers Commercial
For further information please call us on 020 8399 5381
or contact us here

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