Albert Road, Belvedere, DA17

To Rent - £12,500 pa

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  • FORMER BETTING SHOP TO LET
  • OPEN PLAN SALES AREA AROUND 820 SQUARE FEET
  • WOULD SUIT A VARIETY OF A1/A2 USES
  • WOOD EFFECT FLOORING / AIR CONDITIONING
  • LEASE UNTIL JUNE 2022 / VIEWING ADVISED

LOCATION:
The subject property forms part of a busy shopping parade onto Albert Road, which carries traffic from Nuxley Road through to the Woolwich Road (A206). Within the immediate vicinity there are a number of mainly independent and specialist retailers along with Belvedere Medical Centre and a Sainsbury Local.

The premises is well placed and benefits from a good level of passing trade.

For customers, there are on street parking bays along Albert Road, parking in nearby side roads as well as a local 'pay & display' car park.

DESCRIPTION:
A ground floor lock up shop forming part of an established parade and which has recently been trading as Betfred and prior to that as Ladbrokes. Other businesses within the parade include a convenience store, a beauty salon, fish & chip takeaway, a pie & mash shop and a barbers.

A modern glazed frontage with a recessed entrance secured by a motor shutter leads into a rectangular shaped floor area of approximately 820 square feet. To the rear left corner is a public toilet and in the right rear corner a door through to a staff kitchen and toilet.

TENURE:
The ground floor premises are held on a 10-year lease from 8th June 2012 at a passing rental of £12,500 per annum.

We understand that the 2017 rent review remains outstanding.

A rental deposit will be required subject to status.

EPC: C - 85

RATES:
We understand that the rateable value is £11,000 per annum with rates payable of £5,280 per annum. Interested parties are advised to make their own enquiries with Bexley council with regards to business rate relief.

LEGAL FEES:
Each party are to be responsible for their own legal costs

VIEWING ARRANGEMENTS:
No direct approach may be made to the property. For an appointment to view, please contact the agent.

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.