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Retail property (high street) to rent

New Zealand Avenue, Walton-on-Thames, KT12
Retail property (high street)
1,405 sq ft / 131 sq m
Added > 14 days

Features and description

Location:
The Walton-on-Thames is a market town on the south bank of the river Thames. The town itself consists mostly of affluent suburban streets, with a historic town centre of Celtic origin. It is one of the largest towns in the Elmbridge borough and according to the 2011 Census, the town has a total population of 22,834 and the borough 136,400 . It is around 19 miles from Central London and is served by a wide range of transport links. The town is well located just to the south of the A308 trunk road, which provides direct access to junction 12 of the M25 (London orbital Motorway) approximately 7 miles away. Walton is approximately 7.5 miles from Heathrow Airport and 31 miles from Gatwick. Walton-on-Thames is served by Walton-on-Thames main line railway station, which provides 4 trains per hour to London Waterloo, with the semi-fast services taking only 25 minutes to reach the terminus. This has proven pivotal to the demographics and to the town's growth/development. The Heart is an exciting retail and residential complex built in the 1960s. The main part of the centre, has several brand retailers including Next, Waterstone's, H & M and River Island. Restaurants along the New Zealand Avenue side of The Heart include Carluccios, Nando's, Pizza Express and Wagamama. Further restaurants exist along the High Street.

Description:
The subject property was built in the late 1950’s which has subsequently been converted to provide retail at ground floor and residential above. It is of concrete frame construction with cavity brick walls beneath a flat roof. The property comprises a detached building with three well configured ground floor retail units, Internally the retail units benefit from large display windows and provide open plan sales area, with ancillary staff accommodation. The property is accessed via New Zealand Avenue and has the benefit of 9 on site car parking spaces including 1 disabled car parking space, which are reserved for commercial tenants and their customers.

Terms:
A new effective full repairing and insuring lease, for a term to be agreed, subject to upward-only rent reviews.

User:
We believe the premises fall under Class E of The Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020.

EPC:
The property have the following ratings
UNIT B - C (62) a copy of the EPC will be available upon request

Rateable Value:
We are advised by the VOA website that the property has the following Rateable Value of  £78,500 however interested parties should make their own enquiries.

Local Authority:
Elmbridge Borough Council.

Service Charge:
We are advised that the commercial units pay a total of 36.13% of the service charge budget. A copy of the budget for 2024 can be made available.

Legal:
Each party to bear its own legal costs.

VAT:
The property has been elected for VAT, so it shall be charged upon the rent.

AML:
In accordance with Anti-Money Laundering Regulations, we shall require additional information from the purchaser/tenants so that an online verification can be undertaken.

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Willmotts Property Services - Commercial
Willmotts Property Services - Commercial
Willmott House, 12 Blacks Road Hammersmith W6 9EU
020 8033 7482
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At Willmotts we pride ourselves in providing a first class service from start to finish. We have proven over 150 years of being an independent estate agent in West London that honesty and integrity is the key to success. That is why most of our business comes from in house clients and referrals. We are a member of the Guild of Professional Estate Agents, with over 750 offices nationwide and are the No.1 Independent Estate Agency Network so can give your property a huge amount of exposure. We are always looking to help and to go above and beyond to make sure our clients and customer get the service they deserve. We hope that by choosing Willmotts you will have chosen a property company that you want to deal with for the rest of your life. With very experienced and driven staff members, bespoke software, professional photographers, powerful marketing tools, high quality print advertising, subscriptions to all the major portals so we can show your property in the best light. We pride ourselves on being The Complete Property Service and will be able to help with whatever property needs you have. For a friendly chat about how Willmotts can help you or just to find about the market in your area please do not hesitate to contact us.
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