Overview

Retail Unit to Let

The premises comprise a multiple windowed corner Retail / Café / Restaurant unit, arranged over the ground floor. Lease Terms The premises are available on a new 15 year full repairing and insuring lease, subject to 5 yearly upward only rent reviews. Rent Rental offers in excess of £70,000 per annum exclusive are invited. Legal Costs Each party will be responsible for their own legal costs incurred relating to this transaction. Subject to contract. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £51,000 and the rates payable are £25,143 pa. The UBR for 2018/2019 is 49.3p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Upper Norwood forms a popular south London suburb within the Crystal Palace area that continues to gentrify and attract quality independent and national occupiers. Westow Street forms the prime retailing section of the ‘Norwood Triangle’.  The premises are situated in a prominent location on Westow Street, part of a modern development that includes a large Sainsburys supermarket and car parking. Nearby occupiers include Costa, Poundland, Sainsburys, JD Wetherspoon, Paddy Power and Blackbird.

Sizes and Measurements

Total Size

2,541sqft

Sales Area

2,541sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

2,541sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease type

Assignment

For rent

Price On Application

UBR

49.3p

Ratable Value

£51,000.00

Business Rates

£25,143/pa

Specification

  • Located on popular Westow Street
  • Well configured shop with corner frontage
  • Sainsburys adjacent
  • Nearby car parking
  • Rear loading available
  • Potential to Cafe' or Restaurants use

Floorplan

48 WESTOW ST_ NORWOOD_ SE19 3AF

Photos

48 WESTOW ST_ SE19 3AF
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