Shop / office lease available on the northern side of Lower Mortlake Road, which connects Richmond Overground Station and North Sheen Overground Station.
The premises are located within a residential mixed-use shopping parade with parking nearby. Other occupiers within the vicinity include Premier Inn, Armstrong’s Family Butchers, Bathrooms By Design and Richmond Kitchens, amongst other independent businesses.
Tenure
Leasehold
Accommodation
Accommodation details below:
Dimensions
ft
m
Gross Frontage
21.4
6.53
Net Frontage
13.7
4.19
Internal Width (max)
18
5.49
Build Depth
66.9
20.4
Areas
sq ft
sq m
Ground Floor Sales
496
46.1
Ground Floor Ancillary
170
15.8
Basement
432
40.1
Financial
Lease Type
Existing Lease
Lease Term
The premises are available by way of an assignment of the existing lease expiring in September 2021 without further review at a passing rent of £20,000 p.a. excl. The lease is contracted inside of the Security of Tenure Provisions of the Landlord & Tenant Act 1954.
Alternatively, a new lease may potentially be available direct from the landlord and further details are available upon request.
Incentive
A rent-free period is available to a suitable assignee, subject to qualification of covenant status.
Rates
Rates payable may be subject to transitional relief and interested parties are advised to make their own enquiries to the Business Rates Department of Richmond Borough Council – Tel: 020 8891 7725
Rateable Year:
2020
Rateable Value:
£14,000.00
Rates Payable:
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UBR:
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Last Updated
05/05/2021
Misrepresentation Notice
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
