The premises are arranged over ground and basement floors with the following approximate net internal floor areas: Tenure Assignment of the existing lease which expires in January 2027, subject to an upward only rent review in January 2022. The lease is contracted outside the Security of Tenure provisions of the 1954 Landlord & Tenant Act (Part II) as amended. There is a mutual option to determine the lease in January 2022. Rent The passing rent is £280,000 per annum exclusive. Premium Premium offers invited. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £233,000.00 and the rates payable are £116,267.00 pa. The UBR for 2017/2018 is 49.90p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The premises occupy a prominent position on Dover Street and retailers within the immediate vicinity include Acne, Christian Louboutin, Victoria Beckham, Alexander McQueen and Jimmy Choo.
Sizes and Measurements
DetailsRetail Ground Floor
Lease Information & Charges
Next Rent Review06/01/2022
Rent Review Cycle5
- Prime retail unit- lease for sale