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Castanea Court, Coombe Road, New Malden, KT3 4QG

DESCRIPTION

The ground floor of Castanea Court has just been constructed and comprises 4 retail showrooms, the largest of which has been pre-let to Co-op for a convenience store.  The remaining three units are offered in shell condition, all with glazed frontages and separate utilities.  Unit 4 has return frontages facing Beeline Way cycleway (31) and the entrance to the station, so would be ideal for a café operator. 

 Copse House, Beeline Way, provides two ground floor fitted office units which will have tea points, fitted toilets, mineral fibre suspended ceilings, under floor trunking with floor boxes, LED lighting, carpet tiles laid on a screed floor and fan coil units for cooling/heating.  Office 2 overlooks a feature rear garden.  

EPC

To be confirmed. Aiming/anticipated to be a B rating.

POSSESSION

TERMS

The units are available on new full repairing and insuring leases for terms to be agreed.

PRICE

RENT

See table below.

LEASE

RATES

The units will need to be assessed for business rates in due course.

SERVICE CHARGE

VAT

The development is not elected for VAT.

ACCOMMODATION

Floor Size Price/Rent Rates Payable
19 Coombe Road, Retail 1,609 sq ft - 150 sq m £32,500 pax
15 Coombe Road, Retail 1,474 sq ft - 137 sq m £30,500 pax
1 Beeline Way, Retail 1,621 sq ft - 151 sq m £36,500 pax
3 Beeline Way, Office 1,674 sq ft - 156 sq m £46,000 pax
7 Beeline Way, Office 2,050 sq ft - 191 sq m £56,375 pax
Total 8,428 sq ft (783 sq m)

LOCATION

Castanea Court is located in the heart of New Malden town centre immediately adjacent to the Beeline Way cycle way (31) and the entrance to the mainline railway station, at the start of Coombe Road (B283) which feeds straight into the High Street.  Nearby occupiers will include Co-op convenience store, Tesco and Waitrose. 

The railway station provides a fast and frequent service to London Waterloo via Wimbledon and Clapham Junction.  The A3 Kingston Bypass is close by providing a direct link into central London to the north and the M25 (J10) to the south. New Malden is an affluent commuter suburb of London.  

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