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ASSIGNMENT HIGHLIGHTS
- Large display windows.
- Low site density at 13% with ample parking for approximately 133 cars.
- Prominent roadside location fronting Portsmouth Road (A307)
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 3,496 SF | Dec 2034 | $64.39 /SF/YR $5.37 /SF/MO $225,125 /YR $18,760 /MO | Fully Repairing & Insuring |
Ground
It provides showroom space to display up to 7 cars. Male and female/disabled toilets are installed at one end of the showroom. An office, store and kitchenette have been created within the showroom using demountable partitioning. The showroom is fitted to a good standard with feature lighting, air conditioning and a suspended ceiling with a floor to ceiling height of 3.3 metres The property is available by way of assignment or subletting of the existing lease. Further details available on request. Leasehold. The premises are held under a lease for 15 years from 25th December 2019, expiry on 24th December 2034 (9.7 years unexpired) at a passing rent of £168,963 per annum. There is a tenant break option on 25th December 2029.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Car Dealership
- Space is an outparcel at this property
- Central Air Conditioning
- Automatic Blinds
- Energy Performance Rating - C
- Demised WC facilities
- Car display for seven cars.
- Office space.
- WC and staff facilities
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 3,496 SF | Gross Leasable Area | 4,146 SF |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Auto Dealership |
| Total Space Available | 3,496 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 4,146 SF |
| Year Built | 1990 |
ABOUT THE PROPERTY
The building comprises a single storey showroom situated at the back of the site with a glazed frontage of approximately 32 metres. The property fronts the A307 Portsmouth Road in Cobham with a long frontage between Northfield Road to the west and Old Common Road to the east. Cobham is an affluent suburb, 18 miles west of Central London and within 2 miles of the M25 motorway. Road communications are very good with the A3 Esher bypass running immediately north of the town which links to the M25 motorway and areas such as Kingston and Walton on Thames.
- 24 Hour Access
- Signage
Presented by
97 Portsmouth Rd
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