Streatham High Road, London, SW16

LOCATION: - The property is situated fronting Streatham High Road in a highly popular trading pitch set amongst numerous multiples and with a pedestrian crossing nearby. The property shares the parade with multiple operators, including British Heart Foundation, Subway and Snappy Snaps and is directly opposite Peacocks, B&Q Local, Lidl, Holland & Barrett, Boots and Superdrug. There are also a number of good quality independent traders in the locality. Streatham High Road forms part of the main A23 commuter route and the property benefits from vast quantities of passing vehicular traffic which is particularly heavy during the rush-hour periods. Foot-flow is enhanced by the nearby pedestrian crossing and the property's proximity to Streatham Library. The surrounding area is a densely populated residential catchment which the locality is able to service.

DESCRIPTION: - The property comprises a double fronted retail shop that has traded for many years as a specialist curtain and fabric retailer. The property has two entrance doors, a ground floor WC, rear fire exit and full height basements providing useful additional storage. The property has a frontage in excess of 10m, making the premises highly visible.

ACCOMMODATION: -
Gross frontage 10.5m
Internal width 10.1m narrowing towards the rear.
Max. shop depth 16.27m
Sales area 150.59m2 (1620ft2) approx.
Basement stores 76.97m² (828ft²) approx.
Internal WC

TENURE: - The property is to be offered by way of a new lease, the length of which is to be negotiated. The property is available from 16 May 2025.

USE/PLANNING: - We understand the property would fall within Class E (Retail / Office) of the current Town and Country Planning (Use Classes) Order and was mostly received for retail purposes.
Interested parties should make enquiries of the local authority in respect of their intended use prior to offer.

RENT/PRICE: - An initial rent of £50,000 (fifty thousand pounds) per annum exclusive is sought.

BUSINESS RATES: - The property has a rateable value of £42,500. Enquiries should be made of the Valuation Office Agency in this regard.


EPC RATING: - A new EPC has been commissioned but the previous rating was 48 within B. This rating will be updated upon receipt.

VAT: - We understand that VAT is not to be chargeable in respect of rents and other outgoings on this property.

VIEWINGS: -Viewings by prior arrangement - please telephone