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The Griffin Centre Market Place, Kingston KT1 Restaurant to rent

£55,000 pa

Property description

    Property features

  • Restaurant
    (n/a)
  • Dimensions: 311 m2
    (3352 ft2)

Unit 7 comprises the former Griffin Inn Assembly Rooms which have been converted into a restaurant premises arranged over ground and first floors with a first floor dining room. The kitchens are situated at first floor level benefitting from a food elevator. There is also an outside courtyard seating area overlooking the Hogsmill River. Other traders within the Griffin Centre and close by include Patisserie Valerie, Laura Ashley, Mimosa coffee shop, Poor Boys restaurant and The Rose Theatre.

Location: The Griffin Centre is a Grade II listed building which was historically used as a coaching inn and has been transformed into a shopping arcade situated directly off Kingston’s ancient market square making it the third largest shopping centre in greater London with an estimated 1.4 million sq ft of retail space. The Griffin Centre faces the junction of the High Street and Eden Street with pedestrian access leading to Charter Quay and the Thames riverside walk.

Terms & conditions: Leasehold. Our client is offering the property to let on a new Full Repairing and Insuring (FRI) lease on a term to be agreed by way of negotiation. A ground and first floor unit with A3 use, in accordance with the Town and Country Planning Act 1987 (as amended).

Business rates: We are advised that the correct rateable value is £50,000, tenants are strongly advised to contact the Local Authority (Royal Borough of Kingston upon Thames) for the appropriate business rates.

Rent: We are instructed to seek offers Year 1 £50,000 p.a, year 2 £55,000 per annum, Years 3, 4 & 5 £60,000 per annum. The landlord will also grant a rent free period of six months, and contribute £25,000 to works.

Additional information

Tenure

Leasehold

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Disclaimer

We make every reasonable effort to ensure that the information on this website is accurate. However, no guarantees for the accuracy of information are made and we make no warranties of any kind, whether expressed or implied, in respect of the information supplied. You should make independent enquiries regarding the property particularly in respect of furnishings to be included/excluded and parking facilities.

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