CG5229 Brownhill Road 8
8 BROWNHILL ROAD, CATFORD, LONDON, SE6 2EJ SHOP LEASE ASSIGNMENT
Location The property is situated on the busy Brownhill Road (A205) South Circular Road on the one way Catford gyratory route leading round to Bromley Road (A21). Catford and Catford Bridge railway stations are within walking distance providing regular services into Central London. The Town Hall, Catford Library and The Broadway Theatre are all located within 150 metres of the property. Local nearby occupiers situated on Catford gyratory include JD Sports, Lidl, McDonald’s as well as other multiples such as Boots, Greggs and Superdrug situated close by on Rushey Green (A21). There are major redevelopment plans in place for Catford Town centre with the redevelopment of Catford Shopping Centre, the provision of several hundred new homes across the town centre, major infrastructure work, new community facilities, pedestrian areas and open spaces.
Description The premises comprise a ground floor shop fitted out as a beauty salon/spa. The premises are arranged as a front entrance area which leads onto three treatments rooms, styling area, wet room and WC. The property is fitted out to a high standard with suspended ceilings, ceiling mounted heating and air conditioning, in ceiling speakers, fire alarm system, wood flooring and glazed frontage protected by metal security shutters. Accommodation The property has the following approximate net internal areas: Ground floor
85.17 sq. m. (917 sq. ft.)
Terms The property is let on a 25 year lease from 23rd May 2013 with a 12 year mutual break option, 5 yearly rent reviews in accordance with the Retail Price Index at a passing rent of £15,000 per annum. The property may be available on new lease terms subject to negotiation.
Rent Passing £15,000 per annum exclusive. Premium Offers invited for fixtures and fittings. Business Rates The property is entered in the 2010 rating list with a rateable value of £12,500. The Small Business Rates Multiplier for 2014/15 is 47.1p in the £. For further information on business rates including relief which could be applicable, visit www.2010.voa.gov.uk/rli/.
EPC The unit currently has an energy rating of ‘C’. The full EPC is available to download at www.hindwoods.co.uk Viewing Strictly by prior arrangement Hindwoods 020 8858 9303.
with
sole
agents
Paul Connaghan – [email protected] Hal Clarke – [email protected]
Legal Costs Each party to bear their own costs incurred in the transaction. VAT Please note that VAT is not chargeable. Planning The premises have A1 and A2 use. However, the tenant must make their own enquiries of the Planning Authority to ensure that their proposed use is permissible prior to entering into any form of contract.
CG5229
“You should be aware that the Code for Leasing Business Premises strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through website www.leasingbusinesspremises.co.uk”. These particulars are believed to be correct, but their accuracy is not guaranteed and they do not constitute an offer or form any part of any contract. Hindwoods and its employees have no authority to make any representation or give any warranty in relation to this property.
Location The property is situated on the busy Brownhill Road (A205) South Circular Road on the one way Catford gyratory route leading round to Bromley Road (A21). Catford and Catford Bridge railway stations are within walking distance providing regular services into Central London. The Town Hall, Catford Library and The Broadway Theatre are all located within 150 metres of the property. Local nearby occupiers situated on Catford gyratory include JD Sports, Lidl, McDonald’s as well as other multiples such as Boots, Greggs and Superdrug situated close by on Rushey Green (A21). There are major redevelopment plans in place for Catford Town centre with the redevelopment of Catford Shopping Centre, the provision of several hundred new homes across the town centre, major infrastructure work, new community facilities, pedestrian areas and open spaces.
Description The premises comprise a ground floor shop fitted out as a beauty salon/spa. The premises are arranged as a front entrance area which leads onto three treatments rooms, styling area, wet room and WC. The property is fitted out to a high standard with suspended ceilings, ceiling mounted heating and air conditioning, in ceiling speakers, fire alarm system, wood flooring and glazed frontage protected by metal security shutters. Accommodation The property has the following approximate net internal areas: Ground floor
85.17 sq. m. (917 sq. ft.)
Terms The property is let on a 25 year lease from 23rd May 2013 with a 12 year mutual break option, 5 yearly rent reviews in accordance with the Retail Price Index at a passing rent of £15,000 per annum. The property may be available on new lease terms subject to negotiation.
Rent Passing £15,000 per annum exclusive. Premium Offers invited for fixtures and fittings. Business Rates The property is entered in the 2010 rating list with a rateable value of £12,500. The Small Business Rates Multiplier for 2014/15 is 47.1p in the £. For further information on business rates including relief which could be applicable, visit www.2010.voa.gov.uk/rli/.
EPC The unit currently has an energy rating of ‘C’. The full EPC is available to download at www.hindwoods.co.uk Viewing Strictly by prior arrangement Hindwoods 020 8858 9303.
with
sole
agents
Paul Connaghan – [email protected] Hal Clarke – [email protected]
Legal Costs Each party to bear their own costs incurred in the transaction. VAT Please note that VAT is not chargeable. Planning The premises have A1 and A2 use. However, the tenant must make their own enquiries of the Planning Authority to ensure that their proposed use is permissible prior to entering into any form of contract.
CG5229
“You should be aware that the Code for Leasing Business Premises strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through website www.leasingbusinesspremises.co.uk”. These particulars are believed to be correct, but their accuracy is not guaranteed and they do not constitute an offer or form any part of any contract. Hindwoods and its employees have no authority to make any representation or give any warranty in relation to this property.
