The property was previously a HSBC Bank Branch and comprises of a retail premises on the ground floor, and a first floor with male & female WCs and storage facilities.

The ground floor former banking hall has a double frontage onto New Malden High Street and Kings Avenue. The unit benefits from good ceilings heights of 3.8m.

LOCATION
New Malden is located approximately 11 miles to the south west of central London and is one of the major retail centres in the Royal Borough of Kingston upon Thames. The property is located in a prime retail pitch in the centre of New Malden High Street, between its junctions with New Malden and Kings Avenue. Other retailers nearby include WHSmith, Boots, Nationwide, Café Nero, Holland and Barrett and McDonalds.

Car parking is available for shoppers in the Waitrose supermarket car park, Blagdon Road car park, and adjoining New Malden Centre car park approximately 5 minutes walk away.

ACCOMMODATION
The premises have an approximate net internal floor area of 3,120 sq ft (290 sq m). A floor plan is available upon request.

PLANNING
Previously Class A2 the property is now within Use Class E (Commercial, Business and Service) and could be suitable as a retail unit, restaurant, coffee shop or as a medical use.

LEGALS
Each party is to be responsible for their own legal costs.

RATES
Rateable value for the property from the 1st April 2023 onwards is believed to be £39,500 with the rates payable of circa £19,711. Interested parties should make their own enquiries and confirm.

VAT
Property is VAT elected.

EPC
D

LEASE
The unit is to let on a new full repairing and insuring lease for a term to be agreed.

Highlights
– No premiums
– Excellent transport links
– High footfall
– Class E use
– New lease
– Double frontage
– High ceiling

TERMS
Asking rent – £80,000 pa
Rates payable – approx. £19,711
Service charge and insurance – £1,200

FURTHER INFORMATION
For further information, or to arrange a viewing, please contact:

Craig Van Straten
07763 928 238
craigvanstraten@johndwood.com

Jacob Haftel
07864789306
jacobhaftel@johndwood.com

George Cracknell
07384 897647
 georgecracknell@johndwood.com

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