ANOTHER COMMERCIAL PROPERTY NOW SOLD WITH GREENWOODS COMMERCIAL - Commercial Shop with A1 usage For Sale with Long Lease of 120 Years approx. It is located on the North Kingston Parade, Richmond Road and only a 10 minute walk to Kingston Railway Station or Town Centre. The Cycle Exchange has been successfully trading for the past 4 years but is now relocating to a larger premises in the central Kingston area. The shop was fully renovated to an extremely high standard just 4 years ago and remains in excellent decorative order and condition throughout.
This is an open plan ground floor cycle shop with a cycle repair workshop at the rear and running down the right side is a smart coffee bar and with bench seating in the inner front area. On the lower ground floor there is a large cycle display showroom and at the very rear is a staff kitchen and w/c with rear access door to the parking area. In the parking area is a prefabricated secure office/storage unit which is 7mtr x 3mtr x 2.3m and parking space for one car. The rear area has an electric gate and has communal security lighting.
To the front of the ground floor shop area are sliding glass doors which lead to a large patio/forecourt area with outdoor bench tables and chairs and external bike stands.
The shop has an excellent shop frontage with a large sign above the door and large floor to ceiling sliding doors. The property does have potential options other than its current design and (STPP) it could be converted into either two one bedroom flats whilst still retaining a smaller shop at the front, or one large two bedroom flat whilst retaining a smaller shop at the front (STPP). The property had planning approval for this 2 bedroom flat and shop construction in 2010 and although it has now expired it should be relatively straightforward to renew. The shop has an internal area of 112 sq/m of retail and or residential space, with an additional 21 sq/m of office space or storage located in the rear car park area ..
The property is located on North Kingston Parade facing onto Richmond Road, it is situated in the centre of the parade, which has 15 shops including Greenwoods Residential Estate Agents, Kami Hair & Beauty, Burrows Accountants, Apple Computer Repairs, Cakewalk Cafe, Silver River Chinese Take Away, Deas Bangladesh Restaurant, Robertos Café, The Queens Head Pub, Pick of Bunch Florist and Bevans the Butchers.
It is just a 10 minute walk from Kingston Train Station or a 5 minute walk to Canbury Gardens and the River Thames. The Parade also benefits from Free one-hour parking bays on the four roads adjacent to the shop making access for shoppers buying or picking up items very easy.
EPC B35
Rateable Value: £12,000 pa Zero Rated
Ground Rent £200 pa
Lease: 120 years approx remaining
Service Charge:TBC
Viewing is strictly by appointment only through Greenwoods Commercial
Important Information
Measurements, areas and distances are approximate. Floor plans and photographs are for guidance purposes only and must not be relied upon for any purpose. All appliances listed in these details are only \'as seen\' and have not been tested by Greenwoods Commercial, nor have we sought certification of warranty or service, unless otherwise stated. These details are offered on the understanding that all negotiations are made through this company. Neither these particulars, nor verbal representations, form part of any offer or contract, and their accuracy cannot be guaranteed.
Offer Procedure
Greenwoods Commercial are contracted by the seller to establish how anyone who wishes to make an offer on this property intends to fund its purchase and their buying status. When making an offer on this property, you will be asked a series of questions relating to the means by which you intend to buy the property and whether or not your offer is dependent on the sale of another property. This information, along with the amount of your offer, will then be forwarded onto our client for consideration. All offers on this property should be made through this office.
Tenure : Leasehold