for further information mixed tenure
TRANSCRIPT
Mixed Tenure
08449 02 03 04 avisonyoung.co.uk/13712
Location
The subject property is located in
Morden in the London Borough of
Merton, approximately 11 miles South
West of Central London. The subject
property is situated 0.1 miles west of
Morden Station (served by the Northern
Line), this allows for connections to both
Central and Northern London.
The subject property is situated on
Crown Lane adjacent to Morden
Station. The main retail provision for
Morden is situated on London Rd, north
east of the subject property. Nearby
occupiers include Iceland, KFC, Greggs
and Superdrug with the majority of
occupiers being independents.
Description
The premises are arranged over ground
and first floors providing the following
approximate internal floor areas:
Tenure
Part Freehold and part Leasehold
Price
Offers in excess of £350,000
Lease
Assignment of existing lease due to
expire 22 November 2072 at a rent of
£22,500 pax. The rent review from March
2017 is still outstanding.
Conditions
Subject to an ATM lease with NatWest.
Approximate location shown above.
For further information
please contact:
Max Collett
T:020 7911 2644
Ground floor: 195.29 sq m 2,102 sq ft
First floor: 87.65 sq m 943 sq ft
Total: 282.94 sq m 3,046 sq ft
4/6 Crown Lane, Morden, SM4 5BN
Business rates
We understand that the property is
assessed as follows:
Rateable value: £36,500
UBR (2018/19): £0.50
Rates Payable: £18,250
Interested parties should make their
own enquiries with the Local Authority
to verify this information.
Legal costs
Each party is to be responsible for their
own legal costs incurred in the
transaction.
EPC
The Energy Performance Asset Rating is
E115. A certificate can be made
available.
VAT
VAT if applicable will be charged at the
standard rate.
No. 4 Crown Lane
Leasehold No. 6 Crown Lane
Freehold
Proposed ATM
Avison Young
65 Gresham Street, London EC2V 7NQ Avison Young is the trading name of GVA Grimley Limited.
©2018
June 2018 File number: 02B732369
Avison Young hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agent Avison Young is in this brochure is provided on the following conditions: (1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do not constitute an offer or contract, or part of an offer or contract.co(2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise.
(3) No person in the employment of Avison Young or any joint agents, has any authority to make or give any representation or warranty whatsoever in relation to the property or properties in this brochure. (4) All prices quoted are exclusive of VAT. (5) Avison Young shall have no liability whatsoever in relation to any documents contained within the brochure or any elements of the brochure which were prepared solely by third parties, and not by Avison Young.