Overview

GLOBAL FLAGSHIP RETAIL PREMISES AVAILABLE ON NEW LEASE/ASSIGNMENT

Arranged over ground, mezzanine and lower ground floors, this flagship store comprises the following approximate dimensions and areas: Tenure The premises are available by way of assignment of an existing full repairing and insuring lease expiring 29th May 2023.  The lease is contracted outside the Security of Tenure provisions of the Landlord & Tenant Act 1954. Also available on a new lease basis.  Further details upon request. Rent Available on application. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £1,460,626 and the rates payable are £744,920. The UBR for 2019/2020 is 52.40p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Located in the heart of Piccadilly renowned London icon since 1908.  Occupying one of the most prominent tenancies on Piccadilly Circus, this iconic location is visited by over 100m visitors  each year. Nearby retailers include Boots, Gap, Ugg, Nespresso and Whole Foods Market. Piccadilly itself has an international reputation for quality retailers and world renowned institutions including The Royal Academy and The Ritz.

Sizes and Measurements

Total Size

8,080sqft

Sales Area

3,500sqft

Gross Frontage Width

38 ft 7 in

Net Frontage Width

35 ft 1 in

Sales Width

40 ft 2 in

Shop Depth

85 ft 3 in

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

3,500sqft

Status

Available

Available from

Now

Mezzanine

Details

Non-Sales

Size

980sqft

Status

Available

Available from

Immediately

Lower Ground

Details

Non-Sales

Size

3,600sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

29/05/2023

Lease type

Assignment

For rent

Price On Application

UBR

52.4p

Rateable Value

£1,460,626.00

Business Rates

£744,920/pa

Floorplan

LONDON - 48 REGENT STREET

Photos

PICCADILLY CIRCUS