Retail premises to let in New Zealand Avenue, Walton-On-Thames KT12

Location

The property is located in a very prominent position fronting onto New Zealand Avenue, the A244 main road, which joins to The High Street. The property adjoins The Heart Shopping Centre. Walton on Thames is well located being approx. 3 miles from M3 (J1) which provides fast links to M25. The mainline station is approx. 1 mile distant providing fast and frequent service to London Waterloo.

There are numerous retailers close by including Dreams, Bridgman, Roche Bobois. The property is opposite Homebase. The property is also close to Sainsburys and various coffee shops include Costa and Starbucks. The Heart Development provides a large residential development and there are numerous restaurants located close by fronting New Zealand Avenue include Pizza Express, Carluccio, and Nando’s.

Lay-by on Street car parking is available in front of the shop and there is also a multi-storey car park serving the Heart Shopping Centre adjacent to Sainsbury’s and serving the Homebase store.

Description

The property comprises a ground floor shop unit. The shop forms part of a larger retail parade with separate residential accommodation above.

There is a rear loading yard via a service road from New Zealand Avenue.

Accommodation Summary

The accommodation has been measured a net internal area basis, as follows:-

Sales Area 158 m2 1,701 ft2
Store area 2.9 m2 31 ft2

Business Rates

The voa has assessed the shop on the 2023 Rating list rating list with a Rateable Value of £35,500.

Energy Performance Certificate

The shop has been assessed with an energy performance asset rating of 65 (band C). A copy of the certificate is available for inspection.

Lease Term

The shop is available to let on a new full repairing and insuring lease incorporating a service charge for the maintenance of the building and common areas, for a term to be agreed subject to regular upward only rent review.

Rent

£45,000 pa excl of service charge and VAT.

Legal Costs

Each party to be responsible for their own legal costs incurred in this transaction.