New Zealand Avenue, Walton-on-Thames, KT12

££75,000 per annum

Commercial Property To Let

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 th e 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.

Accommodation & Rent Schedule
The property offers the following (GIA) approximate dimensions:

Location
Sq MSq Ft.




Raised Ground Floor
34.08367




Lower Ground Floor
78.33843




Total
112.411210

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 A - C(74) UNIT B - C (62) UNIT C- C(60) 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 Values; UNIT A- £53,000 UNIT B - £ 78,500 UNIT C £40,000 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 not been elected for VAT.

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.

Viewing
By appointment only via landlord’s sole agent: Willmotts Chartered Surveyors.

 

New Zealand Avenue, Walton-on-Thames, KT12
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Brochure

No floorplans available for this property

No EPC available for this property

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Office Details

Willmotts Commercial
Willmotts Property Services Willmott House
12 Blacks Road
Hammersmith
W6 9EU

020 8748 6644
commercial@willmotts.com

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