The property is Grade II listed and comprises a mid-terraced retail unit, arranged over ground and basement levels of the premises. The ground floor is predominantly open plan with a separate kitchen and utility area. There is also an attractive courtyard to the rear of the property. The basement floor features 4 separate beauty rooms, as well as additional office and storage space.
The property is prominently situated in a prime retail area on the south side of Nelson Road facing an entrance to Greenwich Market. Traders in the immediate vicinity include Rush Hair, Nauticalia, Bill's, Sticks'n'Sushi, Oliver Bonas, Honest Burgers and Joy. Grind will shortly open their new restaurant and bar at 17 Nelson Road. Greenwich has some of the highest visitor numbers in the UK and benefits from a heavy footfall in the area.
The property has the following approximate net internal areas: Ground Floor retail 82.40 sq m (887 sq ft) Basement 65.59 sq m (706 sq ft) TOTAL 147.99 sq m (1593 sq ft)
The existing lease expires in 2026. The 2016 rent review remains outstanding and there is another review in 2021.
The property is entered in the 2017 rating list with a rateable value of £33,000. A Government scheme for retailers may give a discount up to one third of the rates bill for properties with a rateable value of less than £51,000 in each of the years 2019-20 and 2020-21. Please see the link on the brochure to check for eligibility
The property has recently been used for A1 hairdressing and beauty though prospective tenants must make their own enquiries of the Planning Authority to ensure that their proposed use is permissible prior to entering into any form of contract.
£40,000 per annum exclusive.
Each party to pay their own legal fees.
Please note that VAT will be chargeable.
Strictly by prior arrangement with sole agents Hindwoods: Kevin Bright: email@example.com Imogen Solley: firstname.lastname@example.org
These particulars are believed to be correct, but their accuracy is not guaranteed and they do not constitute an offer or form any part of any contract. Hindwoods and its employees have no authority to make any representation or give any warranty in relation to this property.