FLAGSHIP STORE LEASE FOR SALE

The premises are arranged over ground and first floors and provides the following approximate dimensions and internal floor areas: Tenure The premises are available by way of assignment of an existing 15 year full repairing and insuring lease expiring on 5th June 2021. The next rent review is 25th December 2018. The lease is contracted inside the Security of Tenure provisions of the Landlord and Tenant Act 1954. The second floor offices are held on a co-terminus lease at a passing rent of £416,800 pa and include 5 car spaces, expiring on 4th June 2021. Rent £875,000 per annum exclusive for ground and first floors. Terms Premium offers invited. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £910,000.00 and the rates payable are £454,090.00 pa. The UBR for 2017/2018 is 49.90p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes

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Location Description

Brompton Road is situated in the heart of Knightsbridge, one of London's most affluent residential and retail catchments. The flagship premises are prominently located on the southern side of Brompton Road, close to the junction with Beauchamp Place. Immediate adjacencies include Hayatt Optician and Blom Bank. Harrods Department Store is within a short walking distance Notable retailers in the vicinity include Reiss, Mulberry, Nespresso, Pinko, Gap, Church's and Marks & Spencer Simply Food. The area has excellent public transport links with Knightsbridge and South Kensington Underground Stations in close proximity.