New Zealand Avenue Walton-on-Thames, KT12

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.


 

• Map
• Streetview

New Zealand Avenue, Walton-on-Thames, KT12

  Open map

• Show Nursery schools
• Show Primary schools
• Show Secondary schools
• Show Independent schools

Other properties you might be interested in

Commercial Property To Let

New Zealand Avenue, Walton-on-Thames, KT12

££55,000 per annum

• Floor area: 1,986 sq. ft. (185 sq. m.)

Full Details

Commercial Property To Let

Great West Road, London, TW8

££60,000 per annum

• Floor area: 4,000 sq. ft. (372 sq. m.)

Full Details