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130-132 Hersham Rd 1,273 SF of Assignment Available in Walton On Thames KT12 5QJ
Assignment Highlights
- Fronts Hersham Road at its junction with Falmouth Road
- Benefits from good transport link
- Situated opposite Bell Farm Primary School
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,273 SF | Jun 2043 | $160.30 CAD/SF/YR $13.36 CAD/SF/MO $204,062 CAD/YR $17,005 CAD/MO | Fully Repairing & Insuring |
Ground
The property is a two storey building of brick construction under a pitched tiled roof. The ground floor comprises of an open plan trading area, divided into two sections served by a central bar server. Ancillary accommodation at this level is customer WC’s and storage. To the first floor is a one-bedroom managers flat, trade kitchen, managers office, staff WC and storage. To the basement is cellarage and stores. To the front of the property is a beer garden with patio and to the rear is a car park. The property is held on a 20 year lease from June 2023 expiring in June 2043. The base rent is subject to annual indexation, which is capped at 6% and collared at 2%. The passing rent is £110,460 until June 2025. In addition, there is a turnover related top up whereby 11% of net of VAT sales at the pub is payable, as the headline rent, less the base rent. Market rent reviews also take place every fifth year, to the greater of the passing base rent or the open market rent.
- Use Class: E
- Assignment space available from current tenant
- Partially Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Exposed Ceiling
- Hardwood Floors
- Large detached property
- Beer Garden
- Open plan trading area
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.
Select Tenants at 130-132 Hersham Rd, Walton On Thames, SRY KT12 5QJ
- Tenant
- Description
- UK Locations
- Reach
- Royal George
- Retailer
- 1
- -
| Tenant | Description | UK Locations | Reach |
| Royal George | Retailer | 1 | - |
Property Facts
| Total Space Available | 1,273 SF | Gross Leasable Area | 4,421 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront |
| Total Space Available | 1,273 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,421 SF |
| Year Built | 1950 |
About the Property
The property is located in the suburban village of Hersham in Surrey which forms part of Walton-on-Thames. The property fronts Hersham Road at its junction with Falmouth Road. The property is situated opposite Bell Farm Primary School and playing fields. The property has the benefit of good transport links with Walton on Thames 1 mile north west of the property.
Presented by
130-132 Hersham Rd
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