ARCHES 7,8,9 & 10 MILES STREET
Vauxhall - SW8 1RZ
ARCHES 7,8,9 & 10 MILES STREET,
Bondway Yard Vauxhall,
SW8 1RZ, Vauxhall, SW8 1RZ
Property Reference: VXH01908
Unit Details:
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Size: 9,854 sq ft (915.47 sq m)
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Location: Vauxhall
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Rent: £295,620 Per Annum + VAT
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Type: Storage, Light Industrial, Warehousing
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Available From: Available now
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Local Authority: London Borough of Lambeth
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Deposit: 3 months rent – subject to status
Property Description
The arches centrally located within incredibly close proximity to Vauxhall station and benefits from the substantial residential catchment area of Nine Elm. The units benefit from both pedestrian and roller shutter access. The spaces can be taken as a whole or split, each with their own services, roller shutter and car parking spaces. The Bondway Yard units offer the opportunity to occupy a set of refurbished, watertight units, all of which with a brick exterior. There is parking available, subject to prior agreement. All units on the estate benefit from a clear height between 4.0 – 4.4m and come equipped with 3 phase power, strip lighting, concrete flooring and modern WC facilities. The units can be used for a variety of uses but in the main, the units fall within the industrial use class. The space offers occupiers with a variety of use potential from storage and light industrial, production offices, commercial kitchens, breweries & retail showrooms.
Key Details:
- Newly refurbished
- Prime Location
- High Level Glazing
- 3 Phase Power
- Car parking
Tenancy Agreement:
Available on The Arch Company's Standard Tenancy Agreement. All agreements will be granted outside Sections 24-28 of the Landlord and Tenant Act 1954 Part II. The Code of Practice on Commercial Leases in England & Wales strongly recommends you seek professional advice before signing a business tenancy agreement.
Other agreement types may be available.
User Planning:
E/B1/B8
Costs:
Subject to agreement type. Standard Tenancies; tenant to contribute £395.00 + VAT towards the documentation and administration. Enhanced Tenancies; £795 + VAT.
Plus £350 + VAT for a standard Licence to Alter if required.
Location Description:
Miles Street is located within heart of Vauxhall, an area undergoing considerable re-generation and investment. The A308 and A3 are located nearby and offer direct links in and out of central London with latter connecting with M25 Orbital. The unit is within ten minutes walk from Vauxhall station, which offers frequent trains to London Waterloo and Clapham Junction as well as underground links via the Victoria Line to popular central destinations.
Property Insurance:
The landlord is responsible for insuring the building and recovering the premium from the tenant which is approximately £2674.13. The tenant will be responsible for their own contents insurance.
Business Rates:
Payable by the tenant, please contact the local authority for details.
Other Information:
7 Miles Street - c.2,583 sqft
8 Miles Street - c.2,420 sqft
9 Miles Street - c.2,368 sqft
10 Miles Street - c.2,483 sqft
Service Charge:
Fair Share (TBC)
Contact:
Jonathan Hayjonathanh@grantmillswood.com
07798605532
Rob Watts
rob.watts@levyrealestate.co.uk
07506 441 644
Additional Files:
Example Heads of Terms:
We recommend that you take professional advice on these HOTs. You should also refer to the Code for leasing business premises issued by Royal Institution of Chartered Surveyors
(https://www.rics.org/globalassets/code-for-leasing_ps-version_feb-2020.pdf)
