General Industrial units, Warehouse, Garage workshop for Rent
Portsmouth Road, Surbiton, KT6
£215,000 pa £16 /sf
1.00 acres
13,855 sf
The property comprises an industrial unit suitable for manufacturing purposes and is currently fitted as a vehicle service centre with 13 workbays together with ancillary office, reception/ parts and staff ancillary accommodation. The main workshop is fitted to a high standard with a tiled floor, lighting by both florescent strip and box lighting and heating by strip heaters. Access to the workshop is via two separate up and over doors one from the front and one to the rear into the parts department. Part of the workshop has been partitioned to form a storage area for parts and some offices - and these are fitted to a similar standard. A small two storey section lies at the north of the building which houses a small canteen a further office and WC facilities, including shower. The external areas are all laid to tarmac with a total of 29 parking spaces allocated to this unit, in the on site car park some to the front on the main forecourt and a number to the rear.
TENURE Leasehold. The property is available on a full repairing and insuring sublease for a term to be agreed (up to 3rd May 2043 if required), subject to RPI linked rent reviews at every 5th year (next May 2028), capped at 3% pa compounded and collared at 1% pa compounded.
RENT £215,000 per annum exclusive (approx £15.52 per sq ft).
INCENTIVES In return for taking the property in its present condition our client will offer generous market leading incentives, these will be negotiated subject to covenant and length of lease agreed.
RATEABLE VALUE (2025/26) The unit is to be separately assessed for business rates.
Interested parties are advised to make their own enquiries to the local authority regarding rates liability and any reliefs that may be available. Further information is also available on the government website.
EPC C (61)
Location
The property sits on a commercial estate fronting the A307 Portsmouth Road, approximately 0.5 mile west of Surbiton and two miles south of Kingston upon Thames. The A3 lies 2.5 miles south east via the A243 to the north.