Forming part of the thriving St Margaret’s conservation area on the outskirts of Richmond town centre, this parade of boutique shops, restaurants and supporting professional services is within yards of the mainline station to London Waterloo. The parade is complimented by Tesco’s Metro located next door as well an array of up-market independent cafes and delicatessens. By car the A316 is at the top of the High Street, which in turn provides easy access to the M3, M25, Heathrow and City CentreFOLLOWING the owners decision to retire. To let- extensive flexible commercial space located in A highly affluent high street location well-supported by similar shops and services. A conservation area parade of similar shops and services in the ever-popular St Margaret’s Road, the premises are offered in very good condition throughout with the benefit of a full head height lower ground floor. The shop consists of a traditional display window, a retail area of some 510 sq. Ft. Currently sublet to a party shop. The basement provides valuable open plan space which operates as a long-established children’s soft play and party venue over 1600 sq. Ft. With additional WC and baby changing/ feeding room. Early viewing highly recommended as shops in the area rarely come to market. The franchise, equipment and goodwill is for sale by private negotiationACCOMMODATION: Shop width some 14’ 05 Shop depth some 34’ Retail Area some 510 sq. Ft. Lower ground some 1617 sq. Ft.
133 st. Margaret’s road, st, margaret’s, middlesex, TW11RG
lease: Assignment of an existing Fri lease with some 7 years to run (July 2027)
rent: A stepped rent currently £31,000 per annum exclusive. An additional service charge is levied to cover repairs and insurance.
Sublease: The retail premises are currently sublet to a party shop at 24,000 per annum all-inclusive as a contribution to the lessee’s outgoings. The sublease can be terminated if the entire premises are preferred.
Rates: A rateable value of £18,800 suggesting £4625 from April 2020. Please confirm with lbrut.
Costs: The ingoing tenant to pay both parties professional and legal fees. The franchise or separate fixtures fittings and goodwill are available by separate negotiation with the outgoing tenant. Viewing: Strictly by appointment through sole agents.
Energy performance: Band C (52)
The details in these particulars are meant as a guide only and do not constitute an offer or contract and any intended tenant or purchaser should satisfy themselves as to being correct. Statements contained herein are made in good faith but without responsibility by Milestone Commercial Agency Ltd. Or our clients. All figures ex-vat where applicable. All equipment untested. Milestone Commercial- open for business
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